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    Here’s What Wall Street Analysts Think of Apple Stock Ahead of Earnings
    Tech giant Apple is set to report its latest quarterly financial results after the closing bell today. Here's a rundown of Wall Street analysts' current hi  ( 24 min )
    SolarEdge Stock Plummets After Earnings. Why Some Bulls Are ‘Giving Up.’
    SolarEdge Technologies stock dived as investors digested its weak revenue outlook and earnings, and some analysts downgraded the shares.  ( 22 min )
    Gas prices are in 'glacial' decline. Here's why
    Gasoline prices have been on a downward trend. They're expected to keep sliding through the end of the year, as long as oil prices don't surge.  ( 34 min )
    Stock market news today: Stocks rise as investors bet on end to Fed hikes
    Investors are betting the Fed is done with its rate-hiking campaign, taking heart from Chair Jerome Powell's comments.  ( 35 min )
    Novo Nordisk Stock Jumps As Wegovy Sales Skyrocket 734%, Crushing Expectations
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    UPDATE 2-Nikola posts wider third-quarter loss after recall, sales pause
    Nikola posted a wider loss in the third quarter on Thursday, after the electric truck maker suspended sales and recalled its battery-electric heavy duty trucks. Nikola in August recalled all the 209 battery-powered electric trucks that it had delivered and suspended sales after an investigation into recent fires found a coolant leak inside a battery pack as the cause. Despite the Tre battery-electric truck being recalled, Nikola said it received orders for 47 vehicles from a dealer.  ( 33 min )
    Starbucks Stock Surges on Earnings Beat. CEO Teases a New Strategy.
    Starbucks stock surges after the coffee chain posts stronger-than-expected fiscal fourth-quarter sales and earnings.  ( 22 min )
    Eli Lilly Slashed Its Outlook Dramatically. Why the Stock Is Rising.
    Lilly cuts its guidance for full-year earnings to a range of $6.50 to $6.70 a share, having raised its outlook in August to a range of $9.70 to $9.90.  ( 22 min )
    Eli Lilly Smashes Third-Quarter Forecasts As Diabetes Blockbuster Grows 652%
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    Crocs Stock Is Falling. Blame Guidance.
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    Crocs Inc. Beats Q3 Expectations, Cuts Outlook on Softer Hey Dude Sales
    The stock was down more than 13 percent in pre-market trading.  ( 34 min )
    Dow Jones Futures Rise After Jobless Claims; Palantir Surges As Apple Earnings Approach
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    Stock market news today: US futures rise as investors bet on end to Fed hikes
    Investors are betting the Fed is done with its rate-hiking campaign, taking heart from Chair Jerome Powell's comments.  ( 35 min )
    Peloton Stock Sinks. Earnings and Subscribers Miss the Mark.
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    Shopify Stock Is Soaring. Earnings Were Strong.
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    Nike Outperforms Among Dow Jones Stocks In October; Crocs Stock Dives On Outlook
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    Palantir Earnings Beat On Commercial Market Growth; PLTR Soars
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    Shopify Soars After Third Quarter Sales, Profit Beat Estimates
    (Bloomberg) -- Shopify Inc. reported sales and profit for the third quarter that beat analyst expectations after the Canadian e-commerce giant slashed costs and partnered with Amazon.com Inc. for its fulfillment network.Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIsrael Latest: Biden Urges ‘Pause’ So Hostages Can Leave GazaPowell Hints Fed Is Done With Hikes in Pivot Cheered by MarketsReal Estate Industry Takes Fresh Hit With Verdict on CommissionsStocks, Bon  ( 33 min )
    Palantir Surges After AI Demand Powers Record Quarterly Profit
    (Bloomberg) -- Palantir Technologies Inc. surged more than 13% in early trading after the company reported the fourth consecutive quarter of profitability and highest earnings since its founding 20 years ago, citing strong demand for new artificial intelligence offerings.Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIsrael Latest: Biden Urges ‘Pause’ So Hostages Can Leave GazaPowell Hints Fed Is Done With Hikes in Pivot Cheered by MarketsReal Estate Industry Ta  ( 34 min )
    Shopify Earnings Top Estimates On Merchant Business Gains; Shares Spike
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    Cedar Fair and Six Flags will merge to create a playtime powerhouse in North America
    Cedar Fair and Six Flags Entertainment Corp. are merging, creating an expansive amusement park operator with operations spread across 17 states and three countries. The combined company will include 27 amusement parks, 15 water parks and nine resort properties in the U.S., Canada, and Mexico. Cedar Fair unitholders will receive one share of common stock in the combined company for each unit owned, while Six Flags shareholders will receive 0.5800 shares of stock in the combined company for each share owned.  ( 33 min )
    What JPMorgan Chase CEO Jamie Dimon just told investors is very important
    Investors should deeply consider the perspectives that the most powerful financier in the world just articulated to Yahoo Finance.  ( 37 min )
    What JP Morgan Chase CEO Jamie Dimon just told investors is very important
    Investors should deeply consider the perspectives that the most powerful financier in the world just articulated to Yahoo Finance.  ( 37 min )
    Palantir projects revenue above estimates on demand for AI platform
    (Reuters) -Data analytics firm Palantir Technologies forecast fourth-quarter revenue above market estimates on Thursday, betting on strong demand for its new artificial intelligence platform from clients including U.S. government agencies. In a positive sign of future demand for its new platform, Palantir said it was seeing strong interest in the "AI bootcamps" it had launched in October to give clients access for one to five days. "By the end of November, we're on track to conduct bootcamps with 140 organizations and half of those will take place in (that month)," Chief Revenue Officer Ryan Taylor said.  ( 33 min )
    Palantir Earnings Top Estimates Thanks to AI Boost
    Palantir reported revenue of $558 million, up 17% from a year ago, and an adjusted profit of 7 cents a share, a penny above the consensus.  ( 27 min )
    Daily Spotlight: Fed Heads to the Sidelines
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    Technical Assessment: Bearish in the Intermediate-Term
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    Eli Lilly Stock Falls as Earnings Guidance Slashed Dramatically
    Lilly slashes its guidance for full-year earnings to a range of $6.50 to $6.70 a share, having raised its outlook in August to a range of $9.70 to $9.90.  ( 20 min )
    Starbucks beat earnings estimates: US consumer stays resilient, but China pulls back
    While Americans are still shelling out for their pumpkin spice lattes, Chinese consumers are pulling back their spending.  ( 36 min )
    Market Digest: AMD, DHR, ETR, MRK, NI, RJF, STX, OSTK, WRB, AGNC, NOW
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    Moderna Beats Sales Forecasts, But Light Guidance Could Rattle Shares
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    Moderna Reports Big Quarterly Loss in Post-Pandemic Reset
    The company’s net loss for the quarter was $3.6 billion. Analysts had anticipated a net loss of $728 million.  ( 25 min )
    Daily – Vickers Top Buyers & Sellers for 11/02/2023
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    Daily – Vickers Top Insider Picks for 11/02/2023
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    Tesla's Oct China-made EV sales fall 2.6% from Sept
    U.S. automaker Tesla delivered 72,115 China-made electric vehicles in October, down 2.6% from a month earlier, the China Passenger Car Association (CPCA) said on Thursday. Elon Musk's Tesla has prioritised sales over earnings, particularly in China, where the U.S. EV giant has come under growing pressure from local rivals. Tesla's market share in China's EV segment shrank to 9.89% in the third quarter from 12.98% in the second quarter and 9.93% a year earlier.  ( 33 min )
    Novo Nordisk Earnings Surge. It Can’t Make Weight-Loss Drugs Fast Enough.
    Novo Nordisk stock gained after earnings were boosted by demand for Wegovy and Ozempic. The report comes amid what has been a surprisingly grim two weeks for pharmaceutical stocks.  ( 26 min )
    Stocks Rally as Fed’s Rate Hikes Seen Near End: Markets Wrap
    (Bloomberg) -- Asian shares jumped as the Federal Reserve’s signaling of an end to its historic monetary tightening campaign revived demand for risk assets. Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIsrael Latest: Biden Urges ‘Pause’ So Hostages Can Leave GazaReal Estate Industry Takes Fresh Hit With Verdict on CommissionsFed Signals Yield Rise Reduces Need to Hike, But Door Still OpenMarkets Rally as Powell Says Fed Has ‘Come Far’: Markets WrapStock benchm  ( 35 min )
    Shell Launches $3.5 Bln Buyback After Earnings Rose on Higher Energy Prices
    Shell launched a $3.5 billion share buyback program after third-quarter earnings rose on higher refining margins, oil prices and sales, but slightly missed market expectations.  ( 27 min )
    Lufthansa’s Earnings Beat Forecasts After Strong Summer
    Lufthansa said it expected capacity in the current quarter to reach around 91% of 2019 levels and confirmed its adjusted EBIT forecast for the year after it reported third-quarter earnings ahead of consensus.  ( 27 min )
    UPDATE 2-Novo Nordisk posts record quarterly results, keeps curbs on Wegovy supplies
    Novo Nordisk on Thursday reported record sales and operating profits for the third quarter but flagged continued restrictions on supplies of its hugely popular Wegovy weight-loss drug. Novo has struggled to keep up with soaring demand for the appetite-suppressing, anti-obesity drug and has limited the number of patients who can start treatment. "While supply capacity for Wegovy is gradually being expanded, the supply of the lower dose strengths in the U.S. will remain restricted to safeguard continuity of care," the company said in a statement.  ( 33 min )
    Breaking Down the Confusing New Rules About Required Withdrawals from Retirement Accounts
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    GBTC Discount Narrows To 23-Month Low On ETF Conversion Hopes
    Grayscale's GBTC Has Tripled This Year, Outperforming Underlying Bitcoin  ( 34 min )
    Marketmind: Markets cheer as Powell finds his balance
    All the major Asian equity markets are higher, as are U.S and European stock futures. While Federal Reserve Chair Jerome Powell maintained the option of another hike, he sounded less than committed to the idea. Meanwhile, the probability of a rate cut by June next year advanced to almost 70% and futures now imply around 85 basis points of easing for all of 2024.  ( 33 min )
    The Bank of Japan’s Early Warning for the U.S.
    The central bank took a small but meaningful step toward normalizing monetary policy in the world’s third-largest economy. It could signal an important change in strategy.  ( 25 min )
    The S&P 500 could soar 16% in the next year as a 'buy' signal with strong track record close to flashing, Bank of America says
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    Vanguard Takes Final Step to Exit China, Dismantling Last Team
    (Bloomberg) -- Vanguard Group Inc. is taking its last steps to exit China and shut down its office in the 29 trillion yuan ($4 trillion) mutual fund market.Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIsrael Latest: Biden Urges ‘Pause’ So Hostages Can Leave GazaReal Estate Industry Takes Fresh Hit With Verdict on CommissionsFed Signals Yield Rise Reduces Need to Hike, But Door Still OpenMarkets Rally as Powell Says Fed Has ‘Come Far’: Markets WrapVanguard has  ( 32 min )
    Dow Jones Futures Rise: Market Rally Gains Steam On Fed Chief Powell's 'Decay'; Roku Jumps Late
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    Sunrun Takes $1.2 Billion Charge in Latest Blow to Solar
    (Bloomberg) -- The promise of the renewable energy industry, underscored by Sunrun Inc.’s acquisition of Vivint Solar three years ago, had investors rushing to jump in. Now, solar stocks are facing a major sell-off, spurring Sunrun to take a $1.2 billion charge to write down the value of its purchase.Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIsrael Latest: Biden Urges ‘Pause’ So Hostages Can Leave GazaReal Estate Industry Takes Fresh Hit With Verdict on Com  ( 34 min )
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    Starbucks Shares Surge on Earnings Beat as U.S. Consumers Splurge on Beverages
    Starbucks shares surged more than 10% in early trading Thursday after the company posted better-than-expected earnings for its fiscal fourth quarter, as U.S. consumers continued to splurge on coffee and beverages despite higher menu prices.  ( 18 min )
    What Are the 2024 Roth 401(k) Contribution Limits?
    Understand the current contribution limits for designated Roth 401(k) accounts, including additional allowable payments for those nearing retirement.  ( 25 min )
    5 Things to Know Before Markets Open
    Starbucks shares rose after reporting an 8% year-over-year jump in global sales and amusement park operators Six Flags and Cedar Fair agreed to a $2 billion merger. Here’s what investors need to know today.  ( 18 min )
    Commonly Asked Questions During a Portfolio Management Job Interview
    Knowing the role of a portfolio manager is just one step to acing the job interview questions. Make sure to read up on the position before that crucial meeting.  ( 20 min )
    The Importance of a Client's Risk Assessment
    Financial advisors and money managers must do a detailed risk assessment regarding each client before they can recommend a course of action.  ( 22 min )
    Inside Director: What It Is, How It Works, Conflicts of Interest
    An inside director is a board member who is an employee, officer, or direct stakeholder in the company.  ( 21 min )
    Are 401(k) Contributions Tax Deductible?
    The tax advantages of a 401(k) retirement plan explained, including how contributing to a plan can help create a bigger nest egg in the long run.  ( 25 min )
    Can You Roll Over a 403(b) to an IRA If You're No Longer Employed?
    If you are no longer working with the employer that established your 403(b) account, you can roll over your 403(b) balance into a traditional IRA.  ( 23 min )
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    Nog een zorgpremie omhoog: Zorg en Zekerheid vraagt 8 euro meer
    Zorg en Zekerheid verhoogt de premie van de basisverzekering in 2024 met 5,7 procent. Die stijgt van 139,95 naar bijna 147,95 euro per maand. Oorzaken zijn de inflatie en hogere zorgsalarissen.  ( 9 min )
    NS schrapt plannen voor spitsheffing vanwege gebrek aan draagvlak
    De NS schrapt plannen om prijzen van treinkaartjes omhoog te gooien tijden de spits en te verlagen op rustige momenten. Dat laat NS-topman Wouter Koolmees weten. Hij ziet dat er geen draagvlak is.  ( 9 min )
    Dubbel zoveel vuurwerk afgekeurd als vorig jaar
    Inspectiedienst ILT heeft ruim 40 procent van het vuurwerk dat ze hebben getest afgekeurd. Vooral fonteinen voldeden niet aan de regels. De bedrijven moeten dit vuurwerk zo snel mogelijk van de markt halen. ILT wil dat afdwingen met dwangsommen.  ( 8 min )
    Maatschappij die opriep KLM te weren in VS verliest landingsrechten op Schiphol
    Luchtvaartmaatschappij JetBlue verliest komend jaar de start- en landingsrechten op Schiphol. Dat is duidelijk geworden bij de nieuwe verdeling van deze slots. In een voorschot op dit besluit riep JetBlue al op om KLM te weren in New York.  ( 8 min )
    Ruim tienduizend mensen probeerden vorig jaar verzekering op te lichten
    Verzekeraars hebben vorig jaar ruim tienduizend mensen betrapt bij een poging fraude te plegen. Daarmee hebben ze naar eigen zeggen ruim 80 miljoen euro aan fraude voorkomen.  ( 8 min )
    KLM schrapt donderdag vanaf begin middag alle vluchten vanwege storm Ciarán
    KLM schrapt donderdag vanaf het begin van de middag alle aankomende en vertrekkende vluchten vanwege de storm Ciarán die dan over het land raast.  ( 11 min )
    Hogere prijzen voor olie zorgen voor flinke winst bij Shell
    Shell heeft in het derde kwartaal geprofiteerd van hogere olieprijzen, terwijl het ook de productie van olie wist op te schroeven. Mede daardoor kwam de winst bij het energieconcern uit op 6,2 miljard dollar (ruim 5,8 miljard euro).  ( 8 min )
    Amazon verhoogt prijs van Prime-abonnement met 66 procent
    Vanaf 12 december ga je 4,99 euro per maand betalen voor het Amazon Prime-abonnement. Nu kost de dienst 2,99 euro per maand. Prime geeft onder andere toegang tot een streamingvideodienst en gratis bezorging van Amazon-bestellingen.  ( 8 min )
    Duitsland verlengt prijsplafond uit vrees voor nieuwe energiecrisis
    De Duitse regering blijft burgers en bedrijven helpen met het betalen van de vorig jaar sterk gestegen energierekening. Zo blijft het prijsplafond langer van kracht en krijgen beheerders van het stroomnet miljardensubsidies.  ( 8 min )
    Rentebeleid belangrijke pijler onder miljardenwinst ING
    ING, de grootste bank van ons land, zette in het derde kwartaal een winst in de boeken van 1,98 miljard euro. Dit kwam volgens de bank mede door goede resultaten van het rentebeleid.  ( 8 min )
  • Open

    Dow Jones Today: Futures Higher, Bond Yields Dip as Fed Rally Continues
    Stock futures were higher in premarket trading Thursday as markets continued to rally on Fed Chair Jerome Powell's comments yesterday that investors have taken as a hint the Fed is done raising rates.  ( 1 min )
    5 Things to Know Before Markets Open
    Starbucks shares rose after reporting an 8% year-over-year jump in global sales and amusement park operators Six Flags and Cedar Fair agreed to a $2 billion merger. Here’s what investors need to know today.  ( 1 min )
    S&P 500 Gains and Losses Today: Index Rises as Fed Holds Interest Rates Steady
    The S&P 500 gained 1% on Wednesday, Nov. 1, 2023, as the Fed kept interest rates at current levels but left open a possibility for additional hikes.  ( 1 min )
  • Open

    AMD Shares Climb 9% On AI Optimism Despite Lowering Guidance
    Advanced Micro Devices (AMD) shares leaped more than 9% Wednesday after the chipmaker's third quarter earnings beat analysts' expectations and said it expects to sell $2 billion in AI-powered chips next year.  ( 1 min )

  • Open

    ‘Load Up,’ Says Goldman Sachs About These 3 ‘Strong Buy’ Stocks
    The economy is presenting us with a mixed picture lately. The jobs numbers are showing underlying strength, but inflation remains sticky, and the Fed, in response, has committed itself to a policy of high-interest rates and monetary tightening. Consumer spending is still strong, but savings rates and credit availability are both down. And with an election just one year away and geopolitical crises flashing hotter every day, the only certainty is uncertainty. For David Kostin, chief US equity str  ( 37 min )
    UPDATE 1-Energy Transfer misses estimates in Q3 but crude, NGL volumes hit record
    Energy Transfer reported third quarter 2023 earnings that slightly missed Wall Street expectations, even as natural gas liquids (NGL) and crude transportation volumes hit a company record. Energy Transfer's third quarter 2023 adjusted earnings of $0.33 per share were just under the $0.34 per share expected by analysts, according to LSEG data. Energy Transfer's adjusted earnings before interest, taxes, depreciation and amortization in the quarter were $3.54 billion, compared with $3.09 billion last year.  ( 33 min )
    Will CD Rates Climb Higher? The Clues in Today's Fed Announcement
    The best CD rates are already at 20-year highs, paying up to 6.50%. But will these historically high returns climb even higher? Here's what we learned today from the Fed.  ( 21 min )
    Fed's Powell says balance sheet rundown will proceed without change for now
    Federal Reserve Chair Jerome Powell said on Wednesday that he sees no reason to change the current drawdown of the central bank's still-massive balance sheet. While shrinking Fed holdings may have a small impact on real world borrowing costs, "I think it’s hard to make a case that reserves are even close to scarce at this point." Powell spoke on the state of the central bank's holdings of cash and bonds after a meeting in which officials again held their overnight interest rate target range steady at between 5.25% and 5.5%, the same level it's been since the end of July.  ( 33 min )
    Homeowners Are Increasingly Reluctant to Sell, But Not For The Reason You'd Expect
    Homeowners are growing more reluctant to sell their houses—and it’s not just the “lock-in” effect of today’s high mortgage rates keeping them there, a recent poll found.  ( 21 min )
    SolarEdge forecasts dour Q4 revenue as demand concerns loom; shares plunge
    SolarEdge had trimmed its third-quarter revenue expectations last month due to high inventories and a slowdown in installation which led to substantial cancellations and backlog clearing from its European distributors in the quarter. SolarEdge forecast adjusted gross margin in the range of 5% to 8% for the fourth quarter. Peer Enphase had also forecast a weak fourth- quarter revenue.  ( 33 min )
    ELF Beauty Earnings Crush High Bar; ELF Beauty Stock Soars On Raised Outlook
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    Super Micro Computer Beats Estimates On AI Infrastructure Demand
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    Energy Transfer's crude, NGL transportation volumes hit record in Q3
    Energy Transfer's adjusted earnings before interest, taxes, depreciation and amortization in the quarter were $3.54 billion, compared with $3.09 billion last year, the company said. NGL transportation volumes were up 14%, a record for the company, while crude transportation volumes gained 23%, also a record, the company said. The company's NGL exports were up more than 20%, another record.  ( 33 min )
    AMD Shares Climb 9% On AI Optimism Despite Lowering Guidance
    Advanced Micro Devices (AMD) shares leaped more than 9% Wednesday after the chipmaker's third quarter earnings beat analysts' expectations and said it expects to sell $2 billion in AI-powered chips next year.  ( 20 min )
    Saylor’s MicroStrategy Posts Loss After Writing Down Bitcoin Holdings
    (Bloomberg) -- MicroStrategy Inc., the enterprise-software maker that is the largest publicly-traded holder of Bitcoin, posted a third-quarter loss after taking a writedown because of a decline in the value of the cryptocurrency. Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsReal Estate Industry Takes Fresh Hit With Verdict on CommissionsIsrael Latest: US Says the First of Its Citizens Depart GazaIsrael Latest: Blinken Returning to Israel; Refugee Camp HitMarke  ( 34 min )
    PayPal Earnings Beat; Guidance Light Amid New CEO's Growth Plans
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    PayPal raises full-year profit forecast above Wall Street estimates
    It also named Jamie Miller as its new chief financial officer. Consumer spending has shown remarkable strength this year, with analysts expecting the cheer to extend to the holidays, as companies dangle steep discounts on everything from electronics to clothing to entice inflation-weary shoppers. Online sales during the U.S. holiday season, which includes some of the biggest shopping days such as Cyber Monday, Thanksgiving and Black Friday, are expected to rise 4.8% from a year earlier, a report from Adobe Analytics showed in October.  ( 33 min )
    Real estate industry facing pushback to longstanding rules setting agent commissions on home sales
    A series of court challenges seek to upend longstanding real estate industry practices that determine the commissions agents receive on the sale of a home — and who foots the bill. A federal jury in one of those cases on Tuesday ordered the National Association of Realtors along with some of the nation's biggest real estate brokerages to pay almost $1.8 billion in damages, after finding they artificially inflated commissions paid to real estate agents. The class-action lawsuit was filed in 2019 on behalf of 500,000 home sellers in Missouri and some border towns.  ( 35 min )
    MercadoLibre's third-quarter profit soars past expectations
    Latin America's e-commerce behemoth MercadoLibre reported on Wednesday a better-than-expected 178.2% surge in third-quarter net profit, compared with the previous year, after revenue grew across markets, especially in Brazil. "We had another super solid quarter," Andre Chaves, senior vice president of strategy and corporate development, told journalists, highlighting the acceleration of revenue growth in e-commerce and the firm's fintech arm in its major markets. Total net revenue was around $3.8 billion in the quarter ended in September, up 39.8% year-on-year.  ( 33 min )
    Stock market news today: Stocks rally, tech surges after Fed leaves rates unchanged
    In a move widely expected by investors, the Federal Reserve opted to hold interest rates steady at their latest meeting on Wednesday,  ( 44 min )
    Paramount earnings preview: Ad market pressure, streaming losses in focus
    Paramount will report quarterly earnings after the bell on Thursday. Here's what to expect.  ( 35 min )
    Let’s Pretend You Just Came Into a 100 Grand. Top Pros Tell You How to Grow It.
    Financial advisors weigh in with their best ideas for investing $100,000 of fun money right now.  ( 22 min )
    IRS Raises 401(k) Contribution Limit To $23,000
    Retirement plan contribution limits are among several values that the agency, by law, has to adjust every year to account for changes in the cost of living, so you can thank inflation for the increase.  ( 17 min )
    U.S. Set to Draw Record Amount From Emergency Oil Reserve
    Oil prices plunged after word spread that the U.S. government plans to draw a record amount of oil from its emergency supplies.  ( 19 min )
    Best Dow Jones Stocks To Buy And Watch In November 2023: Microsoft Hits Buy Point
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    Americans Can Stick More Cash in Their 401(k)s Next Year, Thanks to Inflation
    Most workers will be able to put up to $23,000 into their 401(k)s and similar workplace retirement plans and up to $7,000 into an individual retirement account, the IRS said.  ( 27 min )
    Top Dividend Stocks for November 2023
    TRMD, DECPF, DSX, and SJT are at the top of the list for forward dividend yield  ( 21 min )
    BYD Outperformed Tesla While Li Auto And XPeng Revealed Delivery Records
    On October 30th, Tesla Inc (NASDAQ: TSLA) rival, BYD Company Limited (OTC: BYDDY), reported its highest ever quarterly profit for its third quarter. BYD shares are up 1.7% this month, outperforming Tesla whose stock took a 17% dive and declines in other peers as well. By reporting a growth slowdown, a warning was sent to all EV makers but BYD defied its trend with its latest quarter, showing it preserved its domestic market leadership despite softer demand and intensified competition in China. B  ( 34 min )
    What the Fed rate-hike pause means for bank accounts, CDs, loans, and credit cards
    Here's how the Fed's pause on raising interest rates would affect savings products, various types of loans and credit cards.  ( 35 min )
    Stock market news today: Stocks rise as Fed holds rates steady
    In a move widely expected by investors, the Federal Reserve opted to hold interest rates steady at their latest meeting on Wednesday,  ( 42 min )
    Federal Reserve holds interest rates at highest level since 2001
    The Federal Reserve is expected to keep interest rates unchanged when it announces its latest policy decision on Wednesday afternoon.  ( 35 min )
    Analyst Report: International Game Tech PL
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    Analyst Report: Digital Realty Trust Inc
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    Warren Buffett’s trusted lieutenant Charlie Munger ecstatic over $6 billion investment in Japan: ‘Like having God opening a chest and just pouring money into it’
    Berkshire Hathaway has minority stakes in five Japanese holding companies that have yielded more than 90% returns over three years.  ( 34 min )
    Market Update: SWK, WDC, DLR, IGT
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    Toyota Earnings May Show a Flaw in Tesla’s Pricing Strategy
    Toyota reported strong third-quarter operating profit. It's now a leader among peers.  ( 30 min )
    3 REITs That Recently Announced Dividend Increases After Beating Estimates
    Investors love dividend increases for two reasons. The first is obvious: Dividend increases put more money in their pockets in future quarters. The second is that dividend increases are the company's way of expressing confidence in its ability to continue maintaining or growing earnings going forward. But the icing on the cake for investors is when a company simultaneously announces earnings that beat analyst estimates and a dividend increase. Take a look at three real estate investment trusts (  ( 35 min )
    Charles Schwab lays off 5% to 6% of total headcount
    "These were hard but necessary steps to ensure Schwab remains highly competitive," the spokesperson said in an emailed statement. Banking heavyweights including Goldman Sachs and Morgan Stanley have joined the rest of Corporate America in cutting jobs and costs to better position themselves for a murky economic climate. In August, Charles Schwab disclosed plans to save $500 million by cost-saving measures and said at the time it would cut jobs, without disclosing the number of employees it was going to lay off.  ( 33 min )
    Charlie Munger Raves About Warren Buffett's Rare Japanese Investment Opportunity Of A Century — 'It Was Like Having God Just Opening A Chest And Just Pouring Money Into It' — High Rewards For A Low Risk
    Warren Buffett’s unexpected decision to invest in Japan during the 2020 pandemic seems to have paid off, and no one appears more pleased than Berkshire Hathaway Inc. Vice Chairman Charlie Munger. The strategy was a departure from the company’s well-known preference for American enterprises like Apple Inc., the Coca-Cola Co., Bank of America Corp. and American Express Co. The company’s portfolio has often been a testament to its confidence in the U.S. market. Speaking on the Acquired podcast in O  ( 35 min )
    I Bond interest rate hits 5.27% with fixed rate boost: What investors should know
    I Bonds haven't had a fixed rate above 1% since 2007 but they do now. What's the new interest rate for I Bonds bought from November through April?  ( 33 min )
    Paycom Shares Tumble as Popularity of Its Automated System Eats Into Other Revenue Sources
    Paycom missed profit and sales estimates, and its guidance was also short of forecasts, as customers switched to an automated system that Paycom said ate into other sources of revenue.  ( 17 min )
    Toyota hikes wage of US factory workers after UAW labor deals
    "We value our employees and their contributions, and we show it by offering robust compensation packages that we continually review to ensure that we remain competitive within the automotive industry,” said Toyota Motor North America executive vice president Chris Reynolds in a statement.  ( 32 min )
    Should You Buy These 2 ‘Magnificent Seven’ Stocks Ahead of Earnings? Apple and Nvidia in Focus
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    This ‘crucial milestone’ that signifies financial stability will be lost on new homeowners for more than a decade.  ( 36 min )
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  • Open

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    Het aantal jonge mannen dat kiest voor een technische opleiding is nog altijd fors groter dan het aantal vrouwen. 609.000 jongeren tot 35 jaar hebben de afgelopen jaren een technische opleiding afgerond, van wie ongeveer 125.000 vrouw zijn.  ( 8 min )
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  • Open

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    AMD Shares Climb 9% On AI Optimism Despite Lowering Guidance
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    Toyota Stock Soars as Profit Doubles Year Over Year
    Toyota's profit for the first six months of the fiscal year more than doubled amid strong global sales and a weakening yen.  ( 18 min )
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    Top Delta Air Lines Shareholders
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    Job Openings Remain Elevated, But Quit Rates and Layoffs at Pre-Pandemic Levels
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    Estée Lauder Shares Sink 20% After Slower China Demand Hits Earnings, Guidance
    Estée Lauder shares tumbled as much as 20% in intraday trading Wednesday after the beauty products maker said current-quarter profits could be less than half what analysts had expected.  ( 18 min )
    Next Fed Meeting: When It Is in December and What To Expect
    The Fed had raised rates several times in 2023 to combat inflation, before pausing late in the year.  ( 28 min )
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    A loan modification is a change made to the terms of an existing loan because the borrower is unable to meet the payments under the original terms.  ( 21 min )
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    NCMI,MITK, and SLNO lead the growth stocks category for best value, growth, and momentum, respectively  ( 20 min )
    IRS Raises 401(k) Contribution Limit To $23,000
    Retirement plan contribution limits are among several values that the agency, by law, has to adjust every year to account for changes in the cost of living, so you can thank inflation for the increase.  ( 16 min )
    How We Will Improve the Diversity and Inclusiveness of Investopedia and Our Content
    We publish the work of so many writers, photographers, and illustrators, but few are Black, Indigenous, or People of Color (BIPOC). We will change that.  ( 13 min )
    Generac Beats Profit and Sales Forecasts on Rising Demand for Home Generators
    Generac beat profit and sales estimates on rising demand for its backup power systems and a reduced inventory backlog.  ( 17 min )
    U.S. Set to Draw Record Amount From Emergency Oil Reserve
    Oil prices plunged after word spread that the U.S. government plans to draw a record amount of oil from its emergency supplies.  ( 19 min )
    September Construction Spending Up 0.4%, Meeting Economists' Expectations
    Construction spending increased 0.4% in September from the previous month, as a housing shortage is boosting new construction, though high interest rates may hamper further gains.  ( 18 min )
    Certified Insolvency & Restructuring Advisor (CIRA): Overview
    A Certified Insolvency & Restructuring Advisor (CIRA) is a certification for professionals who work with companies going through insolvency.  ( 21 min )
    Federal Reserve Holds Interest Rate At 22-Year High
    The Federal Reserve kept steady pressure on inflation and the economy Wednesday, as officials wait to see what further effects high borrowing costs will have on the economy.  ( 19 min )
    WeWork Shares Fall to All-Time Low Following Reports of a Possible Bankruptcy Filing
    WeWork shares plunged to their lowest level ever following reports the flexible office space provider may declare bankruptcy.  ( 17 min )
    Bitcoin vs. Bitcoin Cash: What Is the Difference?
    These two cryptocurrencies are based on the original Bitcoin blockchain but have several critical differences that make each appealing to different users.  ( 24 min )
    Santa Claus Rally Definition
    A Santa Claus rally describes sustained increases in the stock market that sometimes begin in the week leading up to Dec. 25, before the Christmas holiday.  ( 26 min )
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    TRMD, DECPF, DSX, and SJT are at the top of the list for forward dividend yield  ( 20 min )
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    Cash wages are compensation for employees that come in the form of spendable money.  ( 21 min )
    Can a company's working capital turnover ratio be negative?
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    Buyer's Monopoly: What it Means, How it Works
    A buyer's monopoly, or monopsony, is a market situation where there is only one buyer of a good, service, or factor of production.  ( 21 min )
    Accounting Principles Board (APB): What it Means, How it Works
    The Accounting Principles Board, now defunct, was a precursor to the Financial Accounting Standards Board (FASB).  ( 21 min )
    Financial Modeling Courses for Investment Bankers
    Obtain information, both general and comparative, about the best available financial modeling courses for individuals pursuing a career in investment banking.  ( 23 min )
    Career Advice: Financial Analyst or Financial Adviser?
    Review the differences between a career as a financial adviser and a career as a financial analyst, including how to decide which is best for you.  ( 23 min )
    Top Oil and Gas Stocks for Q4 2023
    Saturn Oil & Gas, Teekay, and Valeura Energy are top for value, growth, and momentum, respectively  ( 20 min )
    Heath-Jarrow-Morton (HJM) Model: What it Means, How it Works
    A Heath-Jarrow-Morton (HJM) Model is used to model forward interest rates that are then used to find the theoretical value of interest-rate-sensitive securities.  ( 21 min )
    Kondratiev Wave: What it Means, How it Works
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    DuPont Shares Drop Despite Earnings Beat After Lowering Its Guidance as China Demand Slows
    DuPont's third-quarter earnings beat analyst estimates, but the chemical company lowered its revenue guidance on slowing demand from China.  ( 17 min )
    Markets Climb at Midday Ahead of Fed Decision as Private Payrolls Rise Less Than Expected
    U.S. equities were higher at midday on Wednesday, Nov. 1, 2023 after a report showed private sector hiring missed estimates and ahead of the Fed's decision on interest rates.  ( 17 min )
    Top Shipping Stocks for Q4 2023
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    Are Stop-Loss Orders Good When Trading ETFs?
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    Paycom Shares Tumble as Popularity of Its Automated System Eats Into Other Revenue Sources
    Paycom missed profit and sales estimates, and its guidance was also short of forecasts, as customers switched to an automated system that Paycom said ate into other sources of revenue.  ( 17 min )
    What’s Prohibited in Reverse Mortgage Advertising?
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    Top S&P 500 ETFs for Q4 2023
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    How To Pay with Cryptocurrency
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    CVS's Results Beat Forecasts, but Shares Fall as It Cuts Full-Year Unadjusted EPS
    CVS beat profit and sales estimates on gains in its health services business, but shares fell as it reduced its full-year unadjusted EPS.  ( 17 min )
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    Top stocks for November based on value, growth, and performance include NCMI, SAP, and SLNO.  ( 20 min )
    Know Your Client (KYC): What It Means, Compliance Requirements
    Know Your Client (KYC) are a set of standards used in the investment services industry to verify customers and their risk and financial profiles.  ( 24 min )
    30-Year Mortgage Rates Drop to 2-Week Low
    Rates dipped for almost every mortgage type Tuesday, including a drop in the 30-year average to its lowest point in two weeks. Only some adjustable-rate averages held steady.  ( 19 min )
    Treasury Announced How Many Bonds It Will Sell in the Months Ahead—Why You Should Care
    Investors were closely watching this announcement to see how the Treasury would work to finance the country's $1.7 trillion budget deficit.  ( 18 min )
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    Will Rite Aid's Rally Be Enough to Break Its Downtrend?
    Rite Aid shares moved sharply lower in after-hours trading only to open higher on Thursday following mixed first quarter results.  ( 17 min )
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    Permian Resources, Earthstone Energy, and Gulfport Energy assert themselves in a volatile year for natural gas prices.  ( 20 min )
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    5 Things to Know Before Markets Open
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    Can You Automatically Roll Over a CD When It Expires?
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  • Open

    WeWork Shares Fall to All-Time Low Following Reports of a Possible Bankruptcy Filing
    WeWork shares plunged to their lowest level ever following reports the flexible office space provider may declare bankruptcy.  ( 1 min )
  • Open

    Markets Climb at Midday Ahead of Fed Decision as Private Payrolls Rise Less Than Expected
    U.S. equities were higher at midday on Wednesday, Nov. 1, 2023 after a report showed private sector hiring missed estimates and ahead of the Fed's decision on interest rates.  ( 1 min )
    Why Market Watchers Care More About The Treasury Than The Fed This Week
    The U.S. Treasury's unveiling of its refinancing plans, scheduled for Wednesday, likely will steal the attention of market participants, even as the Federal Reserve gets set to announce its latest interest rate decision.  ( 1 min )
    5 Things to Know Before Markets Open
    The Federal Reserve is expected to announce a decision to keep interest rates steady and CVS reported an earnings beat on growth in its health services business. Here’s what investors need to know today.  ( 1 min )
    Dow Jones Today: Stock Futures Fall Ahead of Treasury Refunding, Fed Rate Decision
    Stock futures were lower in premarket trading Wednesday as investors awaited Treasury refunding, the Federal Reserve's second-last interest rate decision of the year, and September labor data.  ( 1 min )
    S&P 500 Gains and Losses Today: Arista Networks Results and Guidance Beat Estimates
    The S&P 500 gained 0.65% on Tuesday, Oct. 31, 2023, ahead of Wednesday's Federal Reserve decision, more key earnings news, and Friday's jobs report.  ( 1 min )

  • Open

    AMD’s AI Optimism Helps Investors Look Past Tepid Forecast
    (Bloomberg) -- Advanced Micro Devices Inc., Intel Corp.’s main rival in computer processors, gave a lackluster revenue forecast for the current period, warning that demand for gaming machines is slowing.Most Read from BloombergSaudi Forces on Alert After Clash With Iran-Backed HouthisIsrael Latest: Hamas Vows to Free Captives, Refugee Camp HitInnovent, Lilly Obesity Drug Spurs More Weight Loss in TrialIsrael Latest: Netanyahu Vows to Stay On; Targets Hit in LebanonSony’s Bungie Game Unit Cuts St  ( 33 min )
    Brace for 8% mortgage rates to drag the US housing market into a 1980s-style recession, Wells Fargo warns
    Strategists compared the current slowdown in activity to the 1980s, when the Fed's aggressive interest-rate hikes also put pressure on house prices.  ( 33 min )
    Charlie Munger rips into VCs, saying they're closer to gamblers than investors and get rich at others' expense
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    Canada Hedge Fund's Trades Halted After Losses, Manager's Death
    (Bloomberg) -- The sudden death of a Toronto-based hedge fund manager has prompted an investigation into tens of millions of dollars in losses that the fund appears to have run up.Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIsrael Latest: Blinken Returning to Israel; Refugee Camp HitZillow Plunges After Verdict on Real Estate Brokerage CommissionsSaudi Forces on Alert After Clash With Iran-Backed HouthisSony’s Bungie Game Unit Cut 8% of Staff After ‘Destiny’  ( 34 min )
    Lumen Technologies tops third-quarter revenue estimates on strong demand
    Lumen has a network of fiber optic and copper cables and provides cloud-based communication services and IT solutions to businesses and users, helping them managing calls, messages and video meetings on a single interface. The proposed sale of Lumen's EMEA business is expected to close on Wednesday, subject to meeting customary closing conditions, the company said. The company has also decided to take reorganization measures, "which will result in about 4% fewer people inside the company," CEO Kate Johnson said in an earnings call.  ( 33 min )
    Lumen Technologies tops third-quarter revenue estimates on strong demand
    Telecommunications services firm Lumen Technologies beat Wall Street estimates for third-quarter revenue on Tuesday, helped by strong demand for its services as businesses digitize their operations. Lumen has a network of fiber optic and copper cables and provides cloud-based communication services and IT solutions to businesses and users, helping them managing calls, messages and video meetings on a single interface. The proposed sale of Lumen's EMEA business is expected to close on Wednesday, subject to meeting customary closing conditions, the company said.  ( 33 min )
    US real estate agents liable for $1.8bn over broker fees on home purchases
    Lawsuit alleged that agencies conspired to force sellers to pay hefty commissions  ( 6 min )
    Top CDs Today: Record Rates of 6% and 6.50% Are Available Nationwide
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union, 6.00% from Credit Human or Sandia Area Federal Credit Union, and 5.80% from Seattle Bank.  ( 21 min )
    AMD beats earnings estimates, misses Q4 guidance
    The chipmaker is betting its new chips can help it gain position in the AI race.  ( 34 min )
    Chipmaker AMD Returns To Sales, Earnings Growth With Q3 Report
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    What 10 states are struggling the most to hire workers? See map.
    With a job opening rate of 10.6% last month, one western state is struggling more than any other when it comes to hiring  ( 32 min )
    UPDATE 1-AMD forecasts fourth-quarter revenue below estimates
    Chip designer Advanced Micro Devices forecast fourth-quarter revenue below Wall Street estimates on Tuesday, hurt by a weak gaming market as well as a decline in demand from some industries for its programmable chips. Shares of the Santa Clara, California-based company fell 3% in trading after the bell.  ( 33 min )
    AMD forecasts misses estimates, shares drop
    Shares of the Santa Clara, California-based company fell 3% in trading after the bell. While the PC market is in recovery mode, demand for programmable chips used by industries such as healthcare and automotive have slowed down.  ( 33 min )
    Treasury Sets I Bond Rate Over 5%, but Advisors Say It May Not Be Worth It
    The U.S. Treasury has set the interest rate on inflation-protected I bonds purchased from November through April next year at 5.27%, up from 4.3% over the past six months.  ( 20 min )
    Top Dividend Stocks for October 2023
    Dividend stocks provide investors with reliable passive income and make it possible to reinvest money back into the dividend-issuing company.  ( 21 min )
    Bitcoin Turns 15. Here’s How Much You Would’ve Made If You Invested on Day 1.
    Today is Bitcoin's 15th birthday. Some lucky people have reason to celebrate. Since it first started trading on an exchange, the token is up 3,449,989,839%.  ( 25 min )
    Jury Finds Realtors Conspired to Keep Commissions High, Awards Nearly $1.8 Billion in Damages
    The National Association of Realtors and large residential brokerages were found liable for about $1.8 billion in damages in a verdict that could upend the home-sale industry.  ( 29 min )
    Jury hits National Association of Realtors, real estate companies with $1.8 billion in damages
    A U.S. jury in Missouri on Tuesday said the National Association of Realtors and several real estate companies together owe more than $1.7 billion in class action damages, finding they conspired to artificially drive up the commission that home sellers pay to buyers' brokers. The verdict followed a two-week trial in federal court in Kansas City, where the case had drawn widespread attention for challenging widely used real estate industry practices. The jury award will be automatically tripled under U.S. antitrust law to more than $5.3 billion, said Michael Ketchmark, the lead lawyer for the plaintiffs.  ( 32 min )
    Zillow Plunges After Verdict on Real Estate Brokerage Commissions
    (Bloomberg) -- Zillow Group Inc. and other real estate stocks plunged after a Missouri jury found the National Association of Realtors and other industry players guilty of colluding to maintain high brokerage commissions. Most Read from BloombergSaudi Forces on Alert After Clash With Iran-Backed HouthisInnovent, Lilly Obesity Drug Spurs More Weight Loss in TrialIsrael Latest: Deadly Strike Hits Refugee Camp as Army AdvancesIsrael Latest: Netanyahu Vows to Stay On; Targets Hit in LebanonSony’s Bu  ( 33 min )
    Bud Light parent Anheuser-Busch InBev's sales tumble further in US
    Anheuser-Busch InBev reported a 17.1% decline in sales volume in North America in the third quarter as its Bud Light brand continues to struggle after a controversial marketing move.  ( 34 min )
    Druckenmiller Says He Has ‘Massive’ Bullish Bets on 2-Year Notes
    (Bloomberg) -- Billionaire investor Stan Druckenmiller said he’s bought “massive” bullish positions in two-year notes, as he’s become more worried about the economy.Most Read from BloombergSaudi Forces on Alert After Clash With Iran-Backed HouthisIsrael Latest: Hamas Vows to Free Captives, Refugee Camp HitInnovent, Lilly Obesity Drug Spurs More Weight Loss in TrialIsrael Latest: Netanyahu Vows to Stay On; Targets Hit in LebanonSony’s Bungie Game Unit Cuts Staff Following Delayed TitlesIn recent  ( 34 min )
    SoFi Lands Upgrade After Strong Earnings Report
    On Monday, the fintech posted a third-quarter adjusted loss of 3 cents a share, narrower than the 8-cent loss Wall Street expected.  ( 20 min )
    Biden Wants to Make This Big Change to IRA Rollovers
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    Cloud Companies Will Spend Billions on AI. This Stock Is ‘the Best Way’ to Play the Buildout.
    Morgan Stanley analyst Meta Marshall raised her call on Arista Networks stock to Overweight from Equal Weight and boosted her target for the price.  ( 22 min )
    This Tesla Rival Is 'Top Pick' As Warren Buffett Dumps More Shares Of Another
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    J.P. Morgan Sees at Least 60% Gains in These 2 ‘Strong Buy’ Stocks — Here’s Why They Could Soar
    “The world is changing: I feel it in the water, in the earth, and in the air,” wrote Tolkien of the aftermath of the War of the Ring. We’re not living in an epic fiction, but change is definitely in the air. Our world is shifting towards a more chaotic multi-polar geopolitical reality, and economies are making a difficult switch from easy-money policies to more fiscally restrained regimes. For investors, the immediate effect is felt in stubborn inflation, high interest rates, and an uncertain ma  ( 37 min )
    Stock market news today: US stocks waver in countdown to Fed
    Investors are weighing events in the bond market for any fallout for stocks as the Fed's meeting begins.  ( 42 min )
    How To Collect $1,000 Per Month From Warren Buffett's Favorite Dividend Stock
    Legendary investor Warren Buffett has achieved astounding returns throughout his career. From 1964 to 2022, his company Berkshire Hathaway Inc. (NYSE:BRK) delivered an overall gain of 3,787,464%, dwarfing the S&P 500's 24,708% return during the same period. Other than picking stocks that skyrocketed in value, Buffett also collects dividends — a lot of dividends. Buffett famously said, "If you don’t find a way to make money while you sleep, you will work until you die." Don’t Miss: Elon Musk has  ( 34 min )
    Analyst Report: Global Payments, Inc.
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    Analyst Report: Celestica Inc
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    Analyst Report: CME Group Inc
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    Analyst Report: American Tower Corp.
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    Analyst Report: M.D.C. Holdings, Inc.
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    Warren Buffett Stocks: What's Inside Berkshire Hathaway's Portfolio?
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    Looking For Price Gains With Your Dividend? Analysts Are Bullish On These 3 Dividend Payers - Predicting 50%+ Upside
    When the stock market gets rocky, dividends can provide a steady stream of income. And when those dividends come from companies with a bright future, that’s a win-win for investors. After the stock prices have taken a beating this year, these three companies are sitting at, or near, all-time high dividend yields along with some major upside on price. Don't Miss: Investing in real estate just got a whole lot simpler. This Jeff Bezos-backed startup will allow you to become a landlord in just 10 mi  ( 35 min )
    Market Update: AMT, CLS, CME, GPN, MDC, SHW, PM, PINS
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    IBD Stock Of The Day Cameco Flashes Buy Signal As Earnings Skyrocket 1,000%
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    Never Mind Covid, Investors Want a Pfizer Obesity Pill
    The pharmaceutical company’s silence on its oral obesity drug worries investors.  ( 29 min )
    Charles Schwab Begins Layoffs as Part of Cost-Cutting Efforts
    The company says staffing reductions are largely in non-client-facing areas and accompany plans to close some offices.  ( 22 min )
    4 more insurers are leaving California after Allstate and State Farm flee wildfire risk
    Moves follow a large withdrawal of companies from Florida, whose CFO called them “the Bud Light of the insurance industry."  ( 34 min )
    Enterprise Products doubles down on gas liquids with pipelines, processing plants
    Energy pipeline operator Enterprise Products Partners will expand its natural gas liquids (NGLs) operations, adding a pipeline from Texas' Permian Basin, new plants to process natural gas, and converting an oil pipeline in Texas to NGLs, officials said on Tuesday. The energy infrastructure provider has sharpened its focus on NGLs that are used to make plastics and gasoline on rising global demand and a boom in U.S. exports.  ( 33 min )
    Nvidia shares drop to five-month-low after report of canceled China orders
    Shares of Nvidia Corp dropped by nearly 5% to a nearly five-month-low on Tuesday following a report that the artificial intelligence (AI) giant may be forced to cancel up to $5 billion worth of advanced chip orders to China in compliance with new U.S. government restrictions. Nvidia was notified last week that AI chip orders scheduled for delivery next year to major Chinese technology companies, including Alibaba Group, TikTok owner-ByteDance and Baidu, are subject to the latest export restrictions announced by the U.S. Commerce Department, according to a Wall Street Journal report citing people familiar with the matter. Nvidia's stock fell to as low as $392.30, down 4.7%, to the lowest level since mid-June.  ( 34 min )
    North Face, Vans Owner VF’s Stock Is Having Its Worst Day Since the ‘80s
    VF shares tumbled after the apparel company pulled its annual guidance, slashed its dividend and said it would replace the president of its Vans brand. The Denver-based company said late Monday that the only brand in its portfolio to post higher sales last quarter was North Face. “We are not makin  ( 24 min )
    Amgen Tumbles After Scrapping A $900 Million Prostate Cancer Drug
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    Bud Light brewer to make $1bn payout in wake of trans backlash
    The owner of Budweiser and Corona is to hand investors $1bn (£824m) in a bid to restore confidence after a trans backlash against the company.  ( 34 min )
    I'm High-Net-Worth & Approaching Retirement. How Can I Make Sure I'm Ready For the Transition?
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    Ask an Advisor: I'm 67 with $750K in a 401(k). How Can I Preserve This Money for the Rest of My Life?
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    Are You a Retiree & Can't Afford Healthcare Cossts? Medicare May Not Be The Answer
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    Oil could surge to record $157 per barrel if Middle East turmoil spreads: World Bank
    Oil prices could surge to record highs if the conflict in the Middle East broadens and the Ukraine war continues. Such an oil shock would create more food inflation, says the World Bank.  ( 34 min )
    Stock market news today: US stocks flat in countdown to Fed
    Investors are weighing events in the bond market for any fallout for stocks as the Fed's meeting begins.  ( 37 min )
    Treasury Raises Interest Rate on I Bonds Purchased in Next Six Months
    Series I savings bonds purchased in the six months starting Wednesday will initially pay 5.27%, up from 4.3% in the six months ending Tuesday.  ( 22 min )
    Bankman-Fried’s Evasive Answers Again Irk Judge
    A prosecutor asked Sam Bankman-Fried about testimony by former FTX software developer Adam Yedidia. Earlier in the trial, Yedidia told jurors that after fixing an accounting bug in the summer of 2022, he warned the crypto entrepreneur that Alameda Research owed $8 billion to FTX. “I don’t remem  ( 23 min )
    Why Realty Income's Share Price Fell After Acquisition Announcement
    In the wake of Realty Income Corp.’s (NYSE:O) announcement to acquire Spirit Realty Capital Inc (NYSE:SRC) in a $9.3 billion transaction, market watchers observed a roughly 5.4% decline in Realty Income’s share price. This downward movement has left some investors puzzled considering the news appears to be positive for shareholders. However, it's quite common for the share price of the acquiring company to slide after an acquisition announcement while investors weigh the potential pros and cons  ( 34 min )
    Nvidia Earnings May Be Dominated by China Woes. 2024 Sales Could Take a Hit.
    $5 billion in chip orders to China for 2024 are at risk, The Wall Street Journal reported.  ( 24 min )
    EVs Were Supposed to Be the Answer. Now They’re the Problem.
    EV problems are piling up. That's not good for Tesla, or any auto maker.  ( 27 min )
    Dow Jones Falls 125 Points After Key Housing Data; Caterpillar Dives On Earnings
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    Stock market news today: US stocks fall in countdown to Fed
    Investors are weighing events in the bond market for any fallout for stocks, as the Fed's meeting begins.  ( 34 min )
    BP Stock Falls After Earnings. It’s Tough for Big Oil to Beat Last Year.
    BP maintained its dividend and extended its share buyback program.  ( 21 min )
    Pfizer Misses Sales Estimates as Revenue for Covid-19 Products Drop
    Pfizer reports a third-quarter loss of 17 cents a share on revenue of $13.2 billion.  ( 28 min )
    Fidelity Takes a Page Out of Schwab’s Playbook on Low-Paying Sweep Accounts
    Fidelity will no longer allow advisors to use their high-yielding money-market funds as the sweep account for new nonretirement accounts.  ( 22 min )
    Billionaire investor Stanley Druckenmiller accuses Janet Yellen of making the ‘biggest blunder in Treasury history’
    The hedge funder argued that the Treasury Secretary “has no right” to still be in her job.  ( 33 min )
    Fidelity Takes a Page Out of Schwab’s Playbook on Low-Paying Sweep Accounts
    Fidelity will no longer allow advisors to use their high-yielding money-market funds as the sweep account for new nonretirement accounts.  ( 22 min )
    Caterpillar Stock Falls After Company Smashed Earnings. What’s Behind the Move.
    Caterpillar reports third-quarter earnings of $5.52 a share, beating estimates of $4.80.  ( 23 min )
    JetBlue Stock Fall After Airline Forecasts Wider Loss
    Shares of JetBlue slumped more than 7% in premarket trading after the airline forecast a wider-than-expected loss in the current quarter. The weak outlook comes after JetBlue’s third-quarter results missed Wall Street expectations due to significant delays during the summer travel season. "While w  ( 24 min )
    Pfizer Earnings Dragged Down by Weak Demand for Covid Products
    Pfizer swung to a loss and posted a sharp drop in quarterly sales, weighed down by soft demand for its Covid-related products. The pharmaceutical giant posted a 70% drop in operational sales, adjusted for currency fluctuations, of its Covid-19 vaccine, ahead of the launch of new variant shots. Oper  ( 24 min )
    AMD earnings preview: The race to catch Nvidia is on
    The chipmaker is betting its new chips can help it gain position in the AI race.  ( 34 min )
    Stock market news today: US stocks look to keep up rally in countdown to Fed
    Investors are weighing events in the bond market for any fallout for stocks, as the Fed's meeting begins.  ( 34 min )
    10 Stocks Turn $10,000 Into $158,688 In 10 Months
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    Ozempic, Wegovy, and other weight loss drugs’ real business impact
    The potential of weight loss drugs is too appetizing for Wall Street to pass up. But they may not have the doomsday effect on food and health as some feared.  ( 40 min )
    A continuing decline in sales of COVID-19 products clips revenue at Pfizer
    Pfizer losses were not as great as expected in the third quarter, but a continued decline in sales of its COVID-19 products clipped revenue. Pfizer Inc. on Tuesday reported a $2.38 billion quarterly loss, or 42 cents per share. Adjusted for one-time gains or losses, the New York company lost 17 cents per share, a much narrower loss than the 42 cents that Wall Street had expected, according to a survey of industry analysts by FactSet.  ( 34 min )
    Caterpillar Crushes Q3 Estimates But Has This Issue; CAT Stock Slides
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    Caterpillar Stock Falls on Weak Outlook
    Shares of Caterpillar fell in premarket trading after the construction-equipment maker issued an underwhelming sales outlook for the current fourth quarter. The view came after Caterpillar posted higher earnings and revenue in the third quarter, driven by higher prices and volumes. Sales rose acro  ( 23 min )
    These Stocks Are Moving the Most Today: Caterpillar, JetBlue, Pfizer, Arista, Lattice, Pinterest, and More
    Caterpillar smashes earnings estimates but the stock falls, while JetBlue shares slump after the carrier says it expects a fourth-quarter loss wider than Wall Street expectations.  ( 27 min )
    Why Exxon and Chevron’s Deals Leave Investors Cold
    Underwhelming results and doubts about recent deals weigh on the oil companies’ shares.  ( 28 min )
    Technical Assessment: Bearish in the Intermediate-Term
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    Caterpillar Smashes Wall Street’s Earnings Estimates. The Stock Is Rising.
    Caterpillar reports third-quarter earnings of $5.52 a share, beating estimates of $4.80.  ( 22 min )
    Analyst Report: Lazard Ltd.
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    Analyst Report: Bristol-Myers Squibb Co.
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    Market Digest: CB, AN, BMY, HAS, ISRG, KMB, LAZ, MKTX, TROW, LEA
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    Analyst Report: Lear Corp.
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    Analyst Report: T. Rowe Price Group Inc.
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    AMD’s New AI Chip Poised to Steal Earnings Spotlight
    Advanced Micro Devices Inc. has shown that it can finally challenge Intel Corp. Now it’s taking a run at the new king of the chip industry.  ( 36 min )
    Daily – Vickers Top Buyers & Sellers for 10/31/2023
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    Daily – Vickers Top Insider Picks for 10/31/2023
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    Carlsberg CEO: Russia has 'stolen our business'
    Carlsberg has cut all ties with its Russian business and refuses to enter a deal with Russia's government that would make its seizure of the assets look legitimate, the brewer's new CEO said on Tuesday. The Danish group had since last year attempted to sell its Baltika subsidiary in Russia, following in the footsteps of many other Western companies exiting Russia since its invasion of Ukraine. However, after announcing in June it had found a buyer for its business, Russian President Vladimir Putin the following month ordered the temporary seizure of Carlsberg's stake in the local brewer.  ( 33 min )
    It's not just the Fed driving the stock market anymore
    With markets largely in agreement that the Fed is near the end of its hiking cycle, other events are becoming meaningful again to stock investors.  ( 35 min )
    'If it wasn't for my boyfriend, I'd probably be homeless': Seniors face rising debt
    The share of older Americans with debt has nearly doubled in 30 years, alarming researchers.  ( 35 min )
    New Biden target in junk fee crackdown: retirement advisers
    The Biden administration on Tuesday will seek to impose new rules on retirement plan providers to close loopholes that officials argue allow the industry to sell products that boost their revenue at the expense of customers, the latest effort by the administration to crack down on so-called junk fees. The proposed Labor Department rules require retirement plan providers to only sell commodities and insurance products, such as annuities, to clients when doing so is in the customer's best interest. They would also hold Wall Street to a higher standard for the advice they provide when people roll over assets from an employer plan to another account, such as employee-sponsored 401(k) to an Individual Retirement Account.  ( 33 min )
    As UAW strike nears settlement, let's hope this one demand isn't met
    If automakers agree to UAW's demand to drop the two-tiered wage system, it will put U.S. industry on perilous path of self-imposed decline. Ask China.  ( 33 min )
    Vodafone to Sell Spanish Unit to Zegona Communications for Around $5.3 Bln
    Vodafone has agreed to sell its Spanish unit to Zegona Communications for at least €4.1 billion in cash and up to €900 million in redeemable preference shares.  ( 27 min )
    BP Profit Rose on Higher Refining Margins, Strong Oil Trading
    BP said it expected fourth-quarter oil, gas and low-carbon energy production to be broadly flat, with significantly lower realized refining margins, after it reported weaker-than-expected profits of $3.3 billion in the third quarter.  ( 27 min )
    Sam Bankman-Fried's Memory Falters During Testimony: “I Don't Recall”
    Sam Bankman-Fried, the former founder of failed crypto exchange FTX and Alameda Research, faced challenging questioning from US Assistant Attorney Danielle Sassoon during his criminal trial.  ( 32 min )
    Yen Drops After BOJ Tweak, China Stocks Fall: Markets Wrap
    (Bloomberg) -- The yen weakened after the Bank of Japan made only minor changes to its yield-curve-control settings, disappointing some in the market who had hoped for a further winding back of its accommodative monetary policy stance.Most Read from BloombergIsrael Latest: Netanyahu Vows to Stay On; Targets Hit in LebanonInnovent, Lilly Obesity Drug Spurs More Weight Loss in TrialSony’s Bungie Game Unit Cuts Staff Following Delayed TitlesSaudi Forces on High Alert After Deadly Clash With Houthi  ( 34 min )
    EUR/USD’s Current Trend Likely Part of Consolidation Phase, Charts Show
    EUR/USD’s current trend is likely part of a consolidation phase, based on technical charts, UOB’s Global Economics & Markets Research, said in a report.  ( 26 min )
    AMD Reports Earnings Today. Analysts Are Worried About Data Center.
    The consensus is that Advanced Micro Devices will report quarterly revenue of $5.7 billion with adjusted earnings per share of 68 cents.  ( 20 min )
    Nvidia’s $5 Billion of China Orders in Limbo After Latest U.S. Curbs
    The artificial-intelligence company scrapped plans to rush shipments to China this month before the new restrictions were brought forward.  ( 30 min )
    A disorderly shift in Japan's monetary policy could spark bond-market contagion and increase risks of a 'financial accident,' Mohamed El-Erian says
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    ‘Buy the Dip’: Analysts Say These 2 Beaten-Down Stocks Offer a Compelling Entry Point — Here’s Why They Could Rebound
    How do you define a stock market opportunity? Is it a windfall, a piece of luck, or the result of careful planning, a strategy to make the most of any opening? The savvy investor seeks out the latter, looking for stocks that offer inducements to entry, be it a high upside or a depressed share price or a recent positive analyst review – or better yet, a combination of all three. So there’s a profile. We’ve used the TipRanks database to look up two stocks that fit it – stocks with Strong Buy conse  ( 37 min )
    Warren Buffett's Japan trade felt like a gift from God, Charlie Munger says: 'It was awfully easy money'
    Warren Buffett's idea to borrow money in Japan at rock-bottom interest rates and invest it in high-yielding stocks was inspired, Charlie Munger says.  ( 33 min )
    Stocks could break out of their 'doom loop' this week amid a flurry of catalysts in the bond market and the economy, Fundstrat says
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  • Open

    Why Market Watchers Care More About The Treasury Than The Fed This Week
    The U.S. Treasury's unveiling of its refinancing plans, scheduled for Wednesday, likely will steal the attention of market participants, even as the Federal Reserve gets set to announce its latest interest rate decision.  ( 19 min )
    What Are the Pros and Cons of Gift Cards?
    Physical and digital gift cards have their plusses and minuses. Learn about protection in case of loss, monitoring spending, and wasted small balances.  ( 30 min )
    Personal Loan Rates & Trends, Week of Oct. 30, 2023
    Personal loan rates moved up to 21.13% this week, adding 9 basis points since last week when the average personal loan rate stood at 21.04%.  ( 18 min )
    Pay Raises Are Getting Smaller. But Are They Small Enough For the Fed?
    Employers are giving out smaller raises than they were last year, but the cutbacks may not be enough to convince officials at the Federal Reserve that pay hikes aren’t stoking inflation.  ( 18 min )
    S&P 500 Gains and Losses Today: Arista Networks Results and Guidance Beat Estimates
    The S&P 500 gained 0.65% on Tuesday, Oct. 31, 2023, ahead of Wednesday's Federal Reserve decision, more key earnings news, and Friday's jobs report.  ( 17 min )
    Top CDs Today: Record Rates of 6% and 6.50% Are Available Nationwide
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union, 6.00% from Credit Human or Sandia Area Federal Credit Union, and 5.80% from Seattle Bank.  ( 21 min )
    GE HealthCare's Results Beat Estimates on Higher Demand for Medical Equipment
    GE HealthCare posted better-than-expected results on rising demand for its medical equipment.  ( 17 min )
    30-Year Mortgage Rates Edge Higher
    Rates for almost every mortgage type climbed Monday, though for most loan types—including 30-year and 15-year mortgages—the increase was quite minor.  ( 19 min )
    Treasury Sets I Bond Rate Over 5%, but Advisors Say It May Not Be Worth It
    The U.S. Treasury has set the interest rate on inflation-protected I bonds purchased from November through April next year at 5.27%, up from 4.3% over the past six months.  ( 19 min )
    JetBlue Reports Loss, Cuts Outlook on Overwhelming Operational Expenses
    JetBlue shares plummeted over 10% to their lowest level since 2009 as soaring costs resulted in a bigger-than-expected loss and falling revenue, and the discount carrier slashed its guidance.  ( 17 min )
    ETF Market Price vs. ETF Net Asset Value: What's the Difference?
    Explore the differences between the market price and net asset value of an exchange-traded fund (ETF). Learn more about the factors that affect each.  ( 24 min )
    Top Dividend Stocks for November 2023
    Dividend stocks provide investors with reliable passive income and make it possible to reinvest money back into the dividend-issuing company.  ( 21 min )
    Baby Boomers Ramp Up Spending While Others Cut Back
    Many Baby Boomers haven’t felt the same pressure from high interest rates as those of other generations, and may have even benefited from them, analysts at Bank of America found.  ( 17 min )
    New Biden Rule Would Make Your Retirement Advisor Work For You—Not For Commission
    When it comes time for a retirement account rollover, proposed rules would require your financial advisor to recommend the option that would serve you best—not the one that would earn them the most commission.  ( 19 min )
    Chase Savings Account Interest Rates: November 2023
    Chase Bank offers two savings accounts to its customers with below-average interest rates, but the bank has other financial services worth considering.  ( 22 min )
    Capital Requirements: Definition and Examples
    Capital requirements are standardized regulations for banks and other depository institutions that determine how much liquid capital (that is, easily sold assets) they must hold for a certain level of assets.  ( 24 min )
    Advantages of Exchange-Traded Funds (ETFs)
    Exchange-Traded Funds (ETFs) were created to combine the best characteristics of both stocks and mutual funds into a combined investment vehicle.  ( 21 min )
    Top MGM Shareholders
    The top MGM shareholders are Corey Ian Sanders, William Joseph Hornbuckle, John M. McManus, IAC/InterActiveCorp., Vanguard Group Inc., and BlackRock Inc.  ( 21 min )
    Consumer Confidence Index Dips as Inflation Fears Heighten
    The Consumer Confidence Index fell to 102.6, its third straight month of declines, as inflation worries persist despite continued strong spending from consumers.  ( 18 min )
    Diamonds ETF: Meaning, Popularity, Statistics
    Diamonds is an informal term for an index-based exchange-traded fund (ETF) known as the SPDR Dow Jones Industrial Average ETF.  ( 20 min )
    Markets Edge Higher at Midday Ahead of Wednesday's Fed Decision
    U.S. equities edged higher at midday on Tuesday, Oct. 31, 2023 ahead of Wednesday's decision by the Federal Reserve, with policymakers widely expected to keep interest rates steady.  ( 16 min )
    AB InBev Shares Pop On Buyback, Earnings Beat as Boycott Continues to Hurt Sales
    ADRs of Anheuser Busch InBev rose after announcing a stock buyback and reporting results that beat forecasts on international demand, though U.S. sales lagged after a boycott of its Bud Light brand.  ( 17 min )
    Payday Loans vs. Personal Loans: What’s the Difference?
    While easier to get, payday loans are almost always more expensive than personal loans and have short repayment times. Opt for a personal loan, if possible.  ( 26 min )
    Caterpillar Shares Fall on Economic Concerns, Despite Earnings Beat
    Caterpillar shares fell sharply in early trading Tuesday despite an earnings beat, as the construction equipment maker issued a cautious fourth-quarter outlook and said its order backlog fell, feeding into concerns about an economic slowdown.  ( 18 min )
    Pinterest's Financial Metrics Beat Estimates as Ad Sales and Gen Z Users Rise
    Pinterest shares flew higher after the social media company's third quarter results blew away estimates.  ( 17 min )
    Dividend ETF: What it Means, How it Works
    A dividend ETF is an exchange traded fund designed to invest in a basket of high-dividend-paying stocks.  ( 21 min )
    What Will a U.S. Central Bank Digital Currency Look Like?
    What would a U.S. central bank digital currency (CBDC) be? Learn more about the future of a digital dollar and how it would differ from cryptocurrency.  ( 27 min )
    Inheriting a Reverse Mortgage
    Inheriting a reverse mortgage can be complicated and heirs commonly face deadlines.  ( 25 min )
    How to Get an IVF Loan
    In vitro fertilization (IVF) is expensive and rarely covered by health insurance. However, other financing options are available. Learn more about how to get an IVF loan.  ( 25 min )
    How to Become an Amazon Seller
    You can use Amazon to start a new business or add a new sales channel to an existing one. Here's how to do it successfully.  ( 25 min )
    Food Industry ETF Definition
    A food-industry ETF is an exchange-traded fund investing in food and beverage companies.  ( 22 min )
    What Is Total Value Locked in Cryptocurrency?
    Total value locked (TVL) is a metric used in the crypto sector to determine the total U.S. dollar value of digital assets locked, or staked, on a particular blockchain or dApp.  ( 22 min )
    What Is the DAME Tax and How Would It Work?
    The Digital Asset Mining Energy (DAME) tax was a proposal by the Biden administration to tax electricity use by crypto miners that was dropped in May 2023 debt-ceiling negotiations.  ( 22 min )
    Weighted Average Cost of Capital (WACC): Definition and Formula
    The weighted average cost of capital (WACC) calculates a company's cost of capital, proportionately weighing its use of debt and equity financing.  ( 28 min )
    Opportunity Cost: Definition, Calculation Formula, and Examples
    Opportunity cost is the potential forgone profit from a missed opportunity—the result of choosing one alternative over another.  ( 25 min )
    Halloween's Effect on the Economy
    Discover some of the ways economists evaluate the effect of Halloween on the U.S. economy and whether it is a net benefit.  ( 23 min )
    Dollar-Cost Averaging: Pros and Cons
    The dollar-cost averaging approach helps investors limit the impact of market volatility, but they give up some potential for higher returns.  ( 25 min )
    Depreciation: Definition and Types, With Calculation Examples
    Depreciation allows a business to allocate the cost of a tangible asset over its useful life for accounting and tax purposes. Here are the different depreciation methods and how they work.  ( 28 min )
    Digital Marketing Overview: Types, Challenges & Required Skills
    Digital marketing is a means of promoting and selling products and services through the internet, mobile devices, social media, search engines, display advertising, and other channels.  ( 30 min )
    Indicators for Overbought and Oversold Stocks
    The relative strength index (RSI) and stochastics are two of the most popular indicators of overbought or oversold conditions in stocks.  ( 22 min )
    What Are Soft Skills? Definition, Importance, and Examples
    Soft skills are character traits and interpersonal skills that characterize relationships with other people and complement hard skills in the workplace.  ( 24 min )
    Market Segmentation: Definition, Example, Types, Benefits
    Market segmentation refers to aggregating prospective buyers into groups with common needs and who respond similarly to a marketing action.  ( 28 min )
    Pfizer Earnings Weighed Down Again by Dwindling COVID Sales
    The company reiterated its recent reduction in full-year sales guidance by $9 billion as it doubled down on efforts to trim costs.  ( 17 min )
    Why Companies Issue Bonds
    When companies need to raise money, issuing bonds is one way to do it. A bond functions as a direct loan from an investor to a corporation.  ( 25 min )
    Trading on the Pink Open Market
    Stocks of well-known companies trade on major exchanges but must be listed first. Unlisted companies trade on Pink Sheets or the Over-the-Counter Bulletin Board.  ( 24 min )
    Microsoft and Siemens Team Up to Introduce a GenAI Assistant for Manufacturing
    Microsoft and Siemens are launching a generative AI assistant for manufacturing that the companies say could help raise productivity and speed up tasks by allowing workers to use machines more effectively.  ( 17 min )
    Introduction to Swing Trading
    The swing trading style, between day trading and trend trading, may be a good fit for beginners.  ( 27 min )
    5 Things to Know Before Markets Open
    Shares of Anheuser-Busch InBev rose after the beer maker beat earnings estimates and Tesla shares declined after lower production from battery maker Panasonic raised worries about electric vehicle sales. Here’s what investors need to know today.  ( 18 min )
    What Does Plain Vanilla Mean? Definition in Finance
    Plain vanilla is the most basic or standard version of a financial instrument. It is the opposite of an exotic instrument.  ( 23 min )
    Why High Mortgage Rates Matter Less In The U.S. Than In Other Countries
    Homeowners in the U.S. are feeling far less financial pain than their counterparts in other countries, due in large part to the popularity of the 30-year fixed-rate mortgage.  ( 18 min )
    Apple Unveils New Mac and MacBook, Powered by Next Generation M3 Chips
    Apple has unveiled an updated line of its Mac and MacBook, driven by its next generation M3 chips.  ( 17 min )
    7 Technical Indicators to Build a Trading Toolkit
    Technical indicators are used by traders to gain insight into the supply and demand of securities. Here we look at seven such technical trading tools.  ( 27 min )
  • Open

    Sjaak van der Tak stopt eind dit jaar als voorzitter landbouworganisatie LTO
    Sjaak van der Tak stopt aan het einde van dit jaar als voorzitter van land- en tuinbouworganisatie LTO Nederland. Zijn termijn loopt dan af. Hij heeft besloten niet door te gaan.  ( 9 min )
    NU+ | Inflatie daalt licht, maar toch lopen de prijzen op: hoe zit dat?
    De inflatie is in oktober 2023 met 0,4 procent gedaald. Dat is vooral een gevolg van de dalende energieprijzen, want boodschappen en diensten zijn duurder geworden. Maar ook de manier waarop de inflatie wordt berekend telt mee. Dat zit zo.  ( 8 min )
    Droogte remt scheepvaart over Panamakanaal nog verder af
    Door droogte kunnen de komende maanden veel minder schepen over het Panamakanaal varen. Afgelopen zomer moesten schepen soms zelfs weken wachten op doorgang tot een van de drukste waterwegen ter wereld.  ( 9 min )
    Farmaceut Pfizer lijdt fors verlies nadat vraag naar coronaprikken wegvalt
    De Amerikaanse farmaceut Pfizer heeft een miljardenverlies geleden in het derde kwartaal. Dat kwam vooral door een ingestorte vraag naar zijn coronavaccins.  ( 8 min )
    Scholen en ziekenhuizen mogen voorrang krijgen op overvol stroomnet
    Netbeheerders mogen op het stroomnet voorrang geven aan organisaties met belangrijke maatschappelijke taken in bijvoorbeeld de zorg, het onderwijs of de veiligheid. Dat meldt toezichthouder ACM dinsdag.  ( 8 min )
    Koers van Japanse yen zakt naar het laagste niveau sinds juli 2008
    De koers van de Japanse munt is dinsdag naar het laagste niveau sinds juli 2008 gezakt. Je krijgt nu ruim 160,50 yen voor 1 euro. Het terughoudende optreden van de Japanse centrale bank is de oorzaak van de daling.  ( 9 min )
    NU+ | Zo denken partijen over het minimumloon, uitkeringen en toeslagen
    In aanloop naar de Tweede Kamerverkiezingen duikt NU.nl in de verschillende verkiezingsprogramma's van partijen. Deze keer: bestaanszekerheid. Over het minimumloon, flexwerk en een eenvoudiger toeslagenstelsel.  ( 11 min )
    Europese economie krimpt, mogelijk mede door strijd tegen inflatie
    De economie van de eurolanden is in het derde kwartaal licht gekrompen. Volgens berekeningen van het Europese statistiekbureau Eurostat is de economie van de eurozone met 0,1 procent geslonken ten opzichte van een kwartaal eerder.  ( 9 min )
    Dwangsom voor KLM vanwege gebruik van vervuilende motoren op Schiphol
    KLM heeft een dwangsom opgelegd gekregen, omdat het bedrijf te vaak een vervuilende hulpmotor gebruikt. De vliegmaatschappij moet voortaan elke keer 2.500 euro betalen als ze zo'n motor ongeoorloofd gebruikt. Dat bedrag kan oplopen tot maximaal 50.000 euro.  ( 8 min )
    Zo denken partijen over het minimumloon, uitkeringen, toeslagen en flexwerk
    In aanloop naar de Tweede Kamerverkiezingen duikt NU.nl in de verschillende verkiezingsprogramma's van partijen. Deze keer: bestaanszekerheid. Over het minimumloon, flexwerk en een eenvoudiger toeslagenstelsel.  ( 14 min )
    NU+ | Waarom we de lage inflatie niet gelijk in onze portemonnee voelen
    De inflatie, de mate waarin de prijzen stijgen, is voor het eerste in jaren negatief. Houden we dan eindelijk meer geld over in onze portemonnee? "Het inflatiecijfer geeft een vertekend beeld", zegt Rabobank-econoom Hugo Erken.  ( 9 min )
    Miljarden kostende stakingen bij autobedrijven VS voorbij na nieuw akkoord
    Na zes weken van stakingen heeft ook General Motors overeenstemming bereikt met de Amerikaanse vakbond voor de auto-industrie UAW. Eerder hebben autobouwers Stellantis en Ford al een akkoord gesloten met de machtige vakbond.  ( 9 min )
    Voor het eerst in jaren sprake van deflatie, maar veel goederen zijn toch duurder
    Prijzen van goederen en diensten zijn deze maand gemiddeld lager dan een jaar geleden. Daardoor is voor het eerst sinds 2016 sprake van deflatie. Maar dit komt volledig door een fors lagere energieprijs. Onder meer boodschappen en diensten zijn duurder geworden.  ( 9 min )
    Voor het eerst in jaren sprake van deflatie, maar veel goederen toch duurder
    Prijzen van goederen en diensten zijn deze maand gemiddeld lager dan een jaar geleden. Daardoor is voor het eerst sinds 2016 sprake van deflatie. Maar dit komt volledig door een fors lagere energieprijs. Onder meer boodschappen en diensten werden duurder.  ( 9 min )
    Ondanks inflatie, oorlog en recessie zijn Nederlandse rijken toch weer rijker
    Het vermogen van de vijfhonderd rijksten van Nederland is afgelopen jaar toch weer groter geworden. Dit ondanks een haperende economie, geopolitieke spanningen en diverse bedrijven die in zwaar weer kwamen.  ( 11 min )
    Uitgaven aan bijzondere bijstand verdrievoudigd door energietoeslag
    Gemeenten hebben vorig jaar drie keer zoveel bijzondere bijstand uitgekeerd dan in 2021. Dat komt door de energietoeslag voor mensen met een laag inkomen. In totaal werd voor bijna 2 miljard euro aan bijzondere bijstand verleend.  ( 9 min )
  • Open

    Caterpillar Shares Fall on Economic Concerns, Despite Earnings Beat
    Caterpillar shares fell sharply in early trading Tuesday despite an earnings beat, as the construction equipment maker issued a cautious fourth-quarter outlook and said its order backlog fell, feeding into concerns about an economic slowdown.  ( 1 min )
    Apple Unveils New Mac and MacBook, Powered by its Next Generation M3 Chips
    Apple has unveiled an updated line of its Mac and MacBook, driven by its next generation M3 chips.  ( 1 min )
    Apple Unveils New Mac and MacBook, Powered by its Next Generation M3 Chips
    Apple has unveiled an updated line of its Mac and MacBook, driven by its next generation M3 chips.  ( 1 min )
  • Open

    Markets Edge Higher at Midday Ahead of Wednesday's Fed Decision
    U.S. equities edged higher at midday on Tuesday, Oct. 31, 2023 ahead of Wednesday's decision by the Federal Reserve, with policymakers widely expected to keep interest rates steady.  ( 1 min )
    Dow Jones Today: Stock Futures Up as Earnings Roll In and Bond Yields Fall
    Stock futures were higher in premarket trading and bond yields fell Tuesday as several big names reported earnings and investors prepared for tomorrow's Fed interest rate decision and the Treasury's quarterly plans for bond sales.  ( 1 min )
    5 Things to Know Before Markets Open
    Shares of Anheuser-Busch InBev rose after the beer maker beat earnings estimates and Tesla shares declined after lower production from battery maker Panasonic raised worries about electric vehicle sales. Here’s what investors need to know today.  ( 1 min )

  • Open

    Charles Schwab Begins Layoffs
    Charles Schwab on Monday began laying off employees across the company. Schwab, the largest publicly traded U.S. brokerage, didn’t disclose how many employees were affected in an internal message seen by The Wall Street Journal. Some remaining employees will have new jobs or managers, according to  ( 24 min )
    VMware Stock Pops. Broadcom CEO Optimistic on Deal.
    VMware shares rose to $146.62, above the deal's current value of $142.50 a share in cash.  ( 20 min )
    Stocks are headed for a year-end rally as bond yields near their peak and valuations look 'persuasive,' Wharton professor Jeremy Siegel says
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    5 reasons the S&P 500 will rally in year-end and 2024 after entering a correction, Wall Street strategist says
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    Bond King Bill Gross Is Staying Away From Regional Bank Stocks. Except for These 3.
    Former bond king Bill Gross has been buying “a little” of Citizens Financial, Truist Financial, and KeyCorp.  ( 24 min )
    SBF confronted with his own words during cross-examination in FTX trial
    Prosecutors attempted to use Sam Bankman-Fried's public statements — and conflicting private statements — to discredit testimony he already provided in his criminal trial.  ( 36 min )
    Billionaire Charlie Munger, Warren Buffett’s right-hand man, says a lot of venture capitalists screw their investors
    “You don’t want to make money by screwing your investors, and that’s what a lot of venture capitalists do,” Munger said on the podcast Acquired.  ( 33 min )
    Arista Earnings, Revenue Top Estimates Amid 2024 Growth Worries
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    Pfizer Needs to Change the Narrative. Tuesday’s Earnings Could Help.
    The drug maker Pfizer is set to disclose its results. Investors are focused on Covid-19 drugs despite a recent flurry of product launches.  ( 22 min )
    BlackBerry CEO John Chen to Exit With Software Company Planning Split
    (Bloomberg) -- BlackBerry Ltd. Chief Executive Officer John Chen will leave the software company this week, ending a decade-long tenure that failed to deliver a turnaround in its fortunes.Most Read from BloombergIsrael Latest: Netanyahu Defies Calls to Quit, UN Warns on SyriaInnovent, Lilly Obesity Drug Spurs More Weight Loss in TrialSaudi Forces on High Alert After Deadly Clash With Houthi RebelsSony’s Bungie Game Unit Cuts Staff Following Delayed TitlesIsrael-Hamas War Escalation Puts Qatar’s  ( 33 min )
    Investing icon Peter Lynch says pressure on stocks has thrown up bargains - while hedge-fund legend Seth Klarman warns the market looks 'scary'
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    JetBlue Earnings and Start of Spirit Merger Trial Sync Up. What It Means for the Stock.
    It’s a big day for JetBlue Airways and that’s not just because it reports third-quarter earnings early Tuesday  ( 25 min )
    Dow Jones Soars 511 Points As Yields Rise Ahead Of Fed; Cathie Wood Buys These 3 Plunging Stocks
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    Realty Income Buys Spirit Realty Capital for About $9.3 Billion
    Real estate investment trust (REIT) Realty Income Corp. said it would buy another REIT, Spirit Realty Capital, for $9.3 billion in an all-stock deal.  ( 18 min )
    UAW contract breakdown: Here's what union members are getting
    Labor experts said the UAW's hardball tactics, including a historic six-week strike, paid off. Here's what autoworkers are getting.  ( 33 min )
    Top CD Rates Today: Earn 6% for a Year—or a Record 6.50% for 8 Months
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union, 6.00% from Credit Human or Sandia Area Federal Credit Union, and 5.80% from Seattle Bank.  ( 21 min )
    The national debt is finally a real-world problem
    Washington's borrowing addiction is starting to cause real-world pain for borrowers and investors everywhere.  ( 35 min )
    Bill Gates' former assistant is the world's 5th-richest person — and he's close to overtaking the Microsoft cofounder
    Steve Ballmer joined Microsoft in 1980 as Bill Gates' assistant, became CEO in 2000, and retired in 2014 with a 4% stake that's worth a fortune today.  ( 34 min )
    The ‘Cash Is King’ Trade Is Ending. What Stocks to Buy Now.
    No content preview  ( 23 min )
    Tesla stock closes below $200, hits 5-month low as a tough October rolls on
    Tesla stock is poised to close below $200, hitting levels not seen since May despite a broader market rally and rebound in beaten-down tech.  ( 34 min )
    Stock market news today: US stocks rally as investors await Fed decision, Apple earnings
    Investors are bracing for the Federal Reserve decision and Apple earnings later in the week.  ( 47 min )
    XPO ups growth spending after Yellow’s downfall
    XPO said Monday it plans to increase capital spending to respond to a tightening capacity dynamic following Yellow’s closure. The post XPO ups growth spending after Yellow’s downfall appeared first on FreightWaves.  ( 35 min )
    ON Semiconductor's Stock Tanks After Q3 Performance - Here's Why
    ON Semiconductor Corp (NASDAQ: ON) stock reported a third-quarter FY23 revenue decline of 0.5% year-on-year to $2.18 billion, beating the consensus of $2.15 billion. The Intel Corp (NASDAQ: INTC) rival's adjusted EPS of $1.39 beat the consensus of $1.34. Revenue from Power Solutions Group (PSG) grew 10% Y/Y to $1.23 billion, Advanced Solutions Group (ASG) decreased 15% Y/Y to $621.6 million, and Intelligent Sensing Group (ISG) fell by 4% Y/Y to $328.6 million. The adjusted gross margin declined  ( 33 min )
    Tax Revenue Surges; Will 10-Year Treasury Yield Get A Reprieve?
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    ON Semiconductor’s CEO Blames ‘Outlier’ Customer for Slashed Forecast That Hit Stock
    (Bloomberg) -- ON Semiconductor Corp.’s chief executive officer blamed a single North American auto-industry customer for a disappointing fourth-quarter forecast that sent the chipmaker’s stock into its worst tailspin in three-and-a-half years.Most Read from BloombergSaudi Forces on Alert After Clash With Iran-Backed HouthisInnovent, Lilly Obesity Drug Spurs More Weight Loss in TrialIsrael Latest: Netanyahu Vows to Stay On; Targets Hit in LebanonSony’s Bungie Game Unit Cuts Staff Following Delay  ( 34 min )
    The housing market is headed back to a 1980s-style recession, Wells Fargo says—and it’s all because of ‘higher for longer’ mortgage rates
    “The residential sector now appears to be contracting alongside the recent move higher in mortgage rates,” the bank’s economists wrote.  ( 35 min )
    Alameda Had a $65 Billion Credit Line at FTX, Bankman-Fried Says
    Sam Bankman-Fried told the jury that Alameda had a $65 billion line of credit on FTX. The next largest line of credit, he said, was $150 million. “So Alameda’s line of credit was more than 64 billion larger than any other customer, correct?” said Assistant U.S. Attorney Danielle Sassoon. “Yep,” he  ( 22 min )
    New York, New Jersey Muni Bond Buyers Reap Net Yields Near 10%
    (Bloomberg) -- UBS Financial Services Inc. is urging investors to buy the debt of states, whose credit quality is among the highest in the $4 trillion municipal bond market and whose bonds are offering sky-high after-tax yields. Most Read from BloombergIsrael Latest: Netanyahu Defies Calls to Quit, UN Warns on SyriaInnovent, Lilly Obesity Drug Spurs More Weight Loss in TrialIsrael-Hamas War Escalation Puts Qatar’s Clout to the TestRussia Shuts Airport After Mob Encircles Flight From IsraelApple  ( 34 min )
    ON Semi Is the Worst Peformer in S&P 500
    ON Semiconductor shares were the worst performer in the S&P 500 Monday afternoon as traders reacted to the firm's outlook. ON shares (ticker: ON) were down 20% to $66.72 in Monday afternoon trading. The firm's fourth-quarter outlook for earnings ranged from $1.13 a share to $1.27 a share. Analysts  ( 15 min )
    Wall Street's biggest bull lowers S&P 500 target
    Oppenheimer's John Stoltzfus sees a more measured climb for stocks to end the year after the recent selloff set equities back.  ( 35 min )
    X, formerly Twitter, valued at $19 billion in new employee stock plan
    The Elon Musk owned social media platform is giving employees a new round of equity compensation, in the form of RSUs, that values X at $19 billion.  ( 32 min )
    Dow Jones Gains Nearly 500 Points; Warren Buffett-Backed EV Hits Record Profit As Tesla Plunges
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    Oppenheimer Isn’t Ready to Abandon Its S&P 500 4,900 Target Just Yet — Here Are 2 Stocks That Could Lead the Way
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    Analyst Report: Centerpoint Energy Inc.
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    Analyst Report: Masco Corp.
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    Analyst Report: CMS Energy Corporation
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    Glassdoor reviewers say employers’ ghosting problem is twice as bad as it was just a few years ago—a sign that worker power is fading fast
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    Market Update: BFH, CMS, CNP, HAL, INTC, KLAC, LUV, MAS, MCD, PCAR, META
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    Josh Kushner Is The Less-Famous Billionaire Brother-In-Law Of Ivanka Trump — Making Billions Off Instagram And Kim Kardashian's SKIMS
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    PLTR Stock Today: This Cash-Secured Put Strategy Lands $100 In Your Pocket
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    Tesla falls as production cut by battery supplier Panasonic fans EV demand fears
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    Warren Buffett Missed The Opportunity To Invest In Amazon Early, Says 'I Blew It' And Was 'Too Dumb' — Now He Refuses To Invest Today Saying, 'I've Probably Got So Many Psychological Problems With The Fact That I Didn't Do It That It's Very Hard to Do It Now'
    Berkshire Hathaway Inc. Chairman and CEO Warren Buffett is no stranger to missed opportunities, but one that particularly stings is his decision not to invest in Amazon.com Inc. during its early days. "I blew it," Buffett has said about passing on the online retail giant not once but twice. In 1994, when Amazon was just getting started, Buffett decided against investing in what was then just an online bookstore. The same happened in 1997 when Amazon went public. At that time, even Wall Street wa  ( 35 min )
    Onsemi Shares Plunge After Guidance Miss as Sales Soften
    Onsemi shares plummeted after the chipmaker gave worse-than-expected guidance as sales softened and its operating margin fell.  ( 18 min )
    Stock in Tesla and Rivian Is Dropping. This Company Spooked Investors.
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    Western Digital to Split in Two After Kioxia Bid Fails
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    Retirees Don't Know Their No. 1 Retirement Risk
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    Bond Markets Are on Edge. Today’s Treasury Announcement Might Not Calm Nerves.
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    SBF Says Nishad Singh Asked Him for Help with Personal Loans as FTX Withdraws Surged
    As customer withdrawals surged, former FTX engineering director Nishad Singh asked Bankman-Fried for help, both with some outstanding personal loans and letting other employees know he wasn’t responsible for the crisis. “He was actively suicidal,” Bankman-Fried said. Bankman-Fried told the jury tha  ( 23 min )
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    This Is What Your Lifestyle Will Be Like If You Retire at 55 With $5 Million
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    I'm Retired. How Much Should I Keep in Stocks, Bonds and Cash?
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    Savings accounts now pay serious interest, but most of us aren't claiming it, survey finds
    A new survey finds many Americans lack financial literacy on savings accounts, many of which now pay 4% or even 5% interest.  ( 34 min )
    Apple Is Holding a Halloween Event Today. What to Expect.
    A mysterious Apple launch event is offering hope of some positive news ahead of earnings but Wall Street analysts are cautious. Watch it live here.  ( 21 min )
    Sam Bankman-Fried Taking the Stand Was a 'Huge Mistake,' Lawyer Says
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    Mortgage Rates Fall for Virtually Every Loan Type
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    Broadcom expects $69 billion VMware deal to close before November deadline
    China's State Administration of Market Regulation (SAMR) has not signed off on the deal and is likely to delay its decision, the Financial Times reported earlier this month, after U.S. President Joe Biden's administration introduced tougher chip controls. The companies did not disclose details regarding China's approval on Monday, but said there was "no legal impediment" to the deal closing under U.S. merger regulations. Broadcom has received legal merger clearance in Australia, Brazil, Canada, the European Union, Israel, Japan, South Africa, South Korea, Taiwan and the United Kingdom, along with foreign investment control clearance in all necessary jurisdictions.  ( 33 min )
    Caroline Ellison Offered to Step Down, Bankman-Fried Says
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    SoFi Stock Jumps After it Raises Revenue Outlook, Eyes Fourth-Quarter Profit
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    It's Merger Monday for Real-Estate Investment Trusts
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    First Quantum Plunges as Panama Copper Mine Faces Referendum
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    Western Digital Is Splitting in Two. Why the Stock Is Rising.
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    Stock market news today: US stocks rise as eyes turn to big week of events
    Investors are bracing for the Federal Reserve decision and Apple earnings later in the week.  ( 35 min )
    Stock market news today: US futures rise as eyes turn to big week of events
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    ON Semiconductor Issues Soft Fourth-Quarter Guidance. The Stock Drops.
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    XPO beats Q3 expectations
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    Western Digital to Break up, Separating Hard-Drive Business From Flash-Memory Unit
    Western Digital plans to break itself up, separating its business making traditional hard drives for computers from its flash-memory business.  ( 27 min )
    Is Apple Stock A Buy Before September-Quarter Earnings Report?
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    Broadcom, VMware Stocks Gain Despite Apparent Delay to Merger Closing
    The groups said in a statement that their merger, expected to close Monday, will complete "soon."  ( 25 min )
    NBA icon Magic Johnson is now only the 4th athlete billionaire—but his wealth doesn’t come from sports
    NBA icon Magic Johnson has become the fourth sports star to reach billionaire status, with a net worth of $1.2 billion, according to Forbes’ calculation.  ( 33 min )
    The Sales Pitch for an 8% Mortgage: Buy Now, Refinance Later—for Free
    An offer to refinance if rates drop in the future might not help you save in the long run.  ( 28 min )
    Detroit Is Paying Up to End the UAW Strike. Now Carmakers Will Live With the Costs.
    The Detroit automakers’ labor-cost disadvantage to rivals such as Toyota and Tesla is about to get worse just as many aspects of their growth plans get cloudier.  ( 30 min )
    Healthpeak Properties, Physicians Realty Trust to Merge in $21B Deal
    Healthpeak Properties and Physicians Realty Trust are combining in an all-stock merger valued at $21 billion.  ( 27 min )
    Realty Income to Acquire Spirit Realty Capital for $5.3 Billion
    (Bloomberg) -- Realty Income Corp., an owner of convenience stores, warehouses and other commercial real estate, agreed to acquire Spirit Realty Capital Inc. for $5.3 billion in an all-stock transaction. Most Read from BloombergIsrael Latest: War Deepens as Concerns Mount Over Gaza CiviliansPutin Calls Meeting to Discuss Anti-Israel Mob in DagestanIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursIsrael-Hamas War Escalation Puts Qatar’s Clout to the TestHSBC Plans $3 Billion Buyback, CEO  ( 33 min )
    McDonald's beat earnings estimates, boosted by higher menu prices
    CEO Chris Kempczinski said 2023 "is unfolding in line with our expectations."  ( 35 min )
    Can a Nursing Home Take Our Assets? We Have a $500k IRA and a Trust to Protect Us
    Can a nursing home seize your savings? What if your money is in a trust or a Roth IRA? For married and single retirees alike, these are important questions with nuanced answers. First for the good news: A nursing home cannot simply take your retirement accounts or savings. Short of legal action due to an […] The post Can a Nursing Home Take Our Assets? We Have a $500k IRA and a Trust to Protect Us appeared first on SmartReads by SmartAsset.  ( 36 min )
    Technical Assessment: Bearish in the Intermediate-Term
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    Realty Income to Buy Spirit Realty Capital in $9.3 Billion Deal
    Realty Income has agreed to acquire Spirit Realty Capital in an all-stock deal valued at about $9.3 billion.  ( 26 min )
    UPDATE 2-Realty Income to buy Spirit Realty Capital in a $9.3 billion deal
    Realty Income said on Monday it would buy Spirit Realty Capital in an all-stock deal valued at $9.3 billion as it looks to expand its real estate portfolio. Shares of Realty Income are down 1.7% at $48.4 in premarket trading, while Spirit Realty was up 11% at $35.91. Under the terms of the agreement, Spirit shareholders will receive 0.762 newly-issued Realty Income common shares for each Spirit common share they own.  ( 32 min )
    Daily – Vickers Top Buyers & Sellers for 10/30/2023
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    Daily – Vickers Top Insider Picks for 10/30/2023
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    Analyst Report: Comerica, Inc.
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    Analyst Report: Alphabet Inc
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    Analyst Report: Integer Holdings Corp
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    Analyst Report: General Motors Company
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    Analyst Report: United Parcel Service, Inc.
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    Analyst Report: Honeywell International Inc
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    Profit Cuts Signal More Bad News for S&P 500 After October Slump
    (Bloomberg) -- A deteriorating outlook for corporate earnings offers little support for the S&P 500 reeling from its worst October since 2018.Most Read from BloombergIsrael Latest: War Intensifies as Netanyahu Faces Calls to QuitRussia Shuts Airport After Mob Encircles Flight From IsraelIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursIsrael-Hamas War Escalation Puts Qatar’s Clout to the TestHSBC Plans $3 Billion Buyback, CEO Touts Capital StrengthWhile data from Bloomberg Intelligence s  ( 34 min )
    Bitcoin Prices Are Rising Again. A ‘Golden Cross’ Could Keep the Momentum Going.
    A closely followed technical indicator could lure more traders to Bitcoin, which has risen 30% in about two weeks.  ( 22 min )
    Exclusive-Trucking firm prepares long-shot bid for Yellow, seeks US Treasury support
    One of the largest U.S. privately owned auto transport companies is quietly mounting a long-shot bid - with increasing help from the Biden administration - to rescue trucking giant Yellow Corp from bankruptcy liquidation and bring back some 30,000 union jobs, according to multiple sources familiar with the discussions. The previously unreported effort by Jack Cooper Transport, a trucking company that counts General Motors, Ford and Stellantis as its main customers, has gained steam in recent weeks as the powerful International Brotherhood of Teamsters union and a bipartisan group of U.S. senators stepped up their pressure campaign on the Biden administration. The piecemeal liquidation of Yellow's vast trucking and terminal assets could begin next month, in a deal that is expected to value its real estate at $1.5 billion and its vehicle fleet at hundreds of millions of dollars.  ( 35 min )
    Key moments from Sam Bankman-Fried's first day on the stand
    FTX founder Sam Bankman-Fried is set on Monday to resume testifying at his fraud trial on charges related to the cryptocurrency exchange's collapse last year. Here are five key moments from Bankman-Fried's testimony so far. Bankman-Fried testified that "a lot of people got hurt" in FTX's November 2022 collapse.  ( 32 min )
    The Federal Reserve is starting to put a stranglehold around Corporate America
    Keep an eye on the long tentacles of the Federal Reserve.  ( 35 min )
    These Stocks Are Moving the Most Today: GM, Disney, Alphabet, Western Digital, SoFi, Apple, and More
    The United Auto Workers union announces a strike at another General Motors plant, Nelson Peltz's push for board seats at Disney gets a boost, and results from Apple are a highlight on this week's busy earnings calendar.  ( 25 min )
    Futures jump as investors await Fed rate verdict; Middle East tensions eyed
    However, the clashes had little impact on U.S. stock markets, with megacap growth names such as Nvidia, Amazon.com and Tesla up between 0.9% and 1.6% in premarket trading. "The ground offensive in Gaza will still be causing some concern, but it has been largely expected and that's why I don't think you've seen any kind of particularly adverse reaction on the markets today," said Susannah Streeter, head of money and markets at Hargreaves Lansdown. Adding to bond market worries, the U.S. Treasury is likely to boost the size of auctions for bills, notes, and bonds in the fourth quarter when it announces its financing plans this week to fund a worsening budget deficit.  ( 34 min )
    Broadcom and VMWare Say $61 Billion Deal Will Close ‘Soon’
    (Bloomberg) -- Broadcom Inc. said its $61 billion agreement to buy software maker VMware Inc. will close before the expiration of their merger agreement, an attempt to reassure investors after concerns that Chinese regulators might delay the deal. Most Read from BloombergIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursRussia Shuts Airport After Mob Encircles Flight From IsraelIsrael Latest: War Intensifies as Netanyahu Faces Calls to QuitHedge Funds Pile Into Uranium Stocks Set for ‘Dra  ( 34 min )
    Fed expected to hold rates at 22-year high, but leave hikes on the table
    The Federal Reserve is set to stand pat on interest rates this week, while economic data continues to leave open the question of what the coming months have in store for the central bank.  ( 35 min )
    ArcelorMittal Drops as Kazakh Nationalization Looms After Fire
    (Bloomberg) -- ArcelorMittal SA shares fell 5% after the Kazakh government announced plans to take over the company’s operations in the country following its worst mining accident in recent history.Most Read from BloombergIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursRussia Shuts Airport After Mob Encircles Flight From IsraelHedge Funds Pile Into Uranium Stocks Set for ‘Dramatic’ RiseIsrael Deepens a War With Hamas That Has No End in SightHow This Israel-Hamas Conflict Is Like Nothing  ( 33 min )
    JPMorgan strategists advise opening a short in European banks, upgrade healthcare
    Strategists at JPMorgan have advised opening a 'short' position in European banks, and moved the sector from 'neutral' to 'underweight', they said in a note published on Monday. "If the bond yields are in the process of peaking this quarter, as we suspect ... then Banks could start to struggle," JPM strategists, led by Mislav Matejka, said. European banking shares have been some of the best performing in Europe in 2023, with the STOXX Europe 600 Banks Index rising almost 8% year-to-date versus a 1% for the broader STOXX 600.  ( 33 min )
    BlackRock Says Buy Metals Companies If You Care About Climate
    (Bloomberg) -- Investors are missing a big opportunity to profit from the energy transition because they have an outdated view of the metals and mining industry, according to one of the sector’s most influential investors.Most Read from BloombergIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursRussia Shuts Airport After Mob Encircles Flight From IsraelIsrael Deepens a War With Hamas That Has No End in SightHedge Funds Pile Into Uranium Stocks Set for ‘Dramatic’ RiseHow This Israel-Hamas  ( 34 min )
    Morgan Stanley’s Wilson Sees Year-End Stock Rally as Unlikely
    (Bloomberg) -- Investors hoping for a boost to stocks by the end of the year will be disappointed, according to Morgan Stanley’s Michael Wilson.Most Read from BloombergIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursIsrael Deepens a War With Hamas That Has No End in SightHow This Israel-Hamas Conflict Is Like Nothing That’s Happened BeforeHedge Funds Pile Into Uranium Stocks Set for ‘Dramatic’ RiseRussia Closes Airport After Mob Swarms Flight From Israel“Chances of a fourth-quarter rall  ( 33 min )
    Vanguard Sees ‘Tremendous Value’ in a New Day for Bond Market
    Sara Devereux, global head of fixed income, says investors do better by locking in higher rates for longer than by staying in short-dated debt.  ( 27 min )
    Marketmind: Markets hold their nerve amid Mid East trouble
    It's been a cautious start in Asian markets as Israeli troops backed by tanks pressed into northern Gaza with a ground assault that drew increased international calls for the protection of civilians. The Nikkei has taken the biggest hit, in part due to speculation the Bank of Japan might tweak, or even abandon, its yield curve control policy when a two-day policy meeting ends on Tuesday. The central bank is considered almost certain to nudge up its inflation forecasts, but analysts are divided on whether it will act to allow 10-year bond yields to rise further given it spent billions last week to hold them below 1%.  ( 34 min )
    Stock market today: Asian shares slip after S&P 500 slips ahead of Fed interest rate decision
    Asian shares were mostly lower on Monday ahead of a Federal Reserve decision this week on interest rates. U.S. futures gained while oil prices fell more than $1 a barrel. The Israeli military’s ground forces conducted incursions into Gaza over the weekend and Prime Minister Netanyahu warned of a “long and difficult” war.  ( 35 min )
    In the Market-Treasury market braces for seismic SEC rule
    Treasury market participants expect U.S. regulators to soon finalize a major rule aimed at reining in debt-fueled bets by hedge funds and bolstering financial stability. The U.S. Securities and Exchange Commission rule, which was first proposed in September last year, would force much more of the trading in the $25 trillion Treasuries market, including a market for short-term financing called repurchase agreements (repo), to central clearing. Market participants widely expect the SEC to finalize the rule within weeks, perhaps as soon as mid-November, according to trade group SIFMA and half a dozen banking and hedge fund industry sources.  ( 34 min )
    Gold Holds Near $2,000 After Israel Starts Ground Offensive
    (Bloomberg) -- Gold traded near $2,000 an ounce — after breaching the threshold for the first time since May on Friday — as Israel’s ground invasion of Gaza appeared to be more cautious than it had initially vowed. Most Read from BloombergIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursIsrael Deepens a War With Hamas That Has No End in SightHow This Israel-Hamas Conflict Is Like Nothing That’s Happened BeforeRussia Closes Airport After a Mob Attack on Airplane From IsraelUkraine Recap:  ( 33 min )
    HSBC Holdings Third-Quarter Net Profit More Than Doubled
    The Asia-focused lender also intends to initiate a further share buyback of up to $3 billion after announcing three share buybacks in 2023 totaling up to $7 billion.  ( 27 min )
    HSBC profit misses estimates on costs, to buy back $3 billion of shares
    HSBC Holdings reported a 240% increase in third-quarter pre-tax profit on Monday as higher interest rates boosted profitability, although it missed market estimates. Europe's largest bank with a market value of $118.6 billion posted a pre-tax profit of $7.7 billion for the July to September quarter, versus $3.2 billion a year earlier, trailing the $8.1 billion mean average estimate of brokers compiled by HSBC.  ( 32 min )
    Wedbush Securities on Apple
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    Peltz’s Push for Disney Board Seats Boosted by Perlmutter’s Shares
    Former Marvel Entertainment executive Ike Perlmutter says he can ‘no longer watch the business underachieve its great potential.’  ( 29 min )
    Tesla Woes Bolster Appeal of Top China EV Maker BYD: Tech Watch
    (Bloomberg) -- Even as the supercharged rally in Tesla Inc. cools on weaker sales growth, expectations are ramping up for China’s top electric-vehicle maker BYD Co. thanks to record-high profits.Most Read from BloombergIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursIsrael Deepens a War With Hamas That Has No End in SightHow This Israel-Hamas Conflict Is Like Nothing That’s Happened BeforeUkraine Recap: Russian Su-25 Fighter Jet Said to be Shot DownGM Hit With More Strikes While Stellan  ( 35 min )
    J.P. Morgan Is Looking for the Silver Lining in the Current Market Headwinds — Here Are 2 Stocks the Banking Giant Likes Right Now
    Market legend Warren Buffett has said of investing, “If you aren’t thinking about owning a stock for ten years, don’t even think about owning it for ten minutes.” Like most of his bon-mots, this quip embodies a basic fact about the stock markets: it’s a long-term game. There are serious headwinds in the market today, ranging from worries over the persistently stubborn inflation and the Fed’s high-interest rate policy to a steadily worsening geopolitical situation, and investor sentiment is getti  ( 37 min )
    Preferred Stock ETFs vs. Bond ETFs: What's the Difference?
    Take a look at the differences between preferred stock ETFs and bond ETFs and why you should invest in one over the other.  ( 23 min )
    Soaring Neutral Rate to Hurt Treasuries, Nasdaq, Survey Shows
    (Bloomberg) -- The interest rate that neither spurs nor slows the US economy has at least doubled in the aftermath of the pandemic, handing investors a reason to be nervous about buying bonds or stocks, according to the latest Bloomberg Markets Live Pulse survey.Most Read from BloombergIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursIsrael Deepens a War With Hamas That Has No End in SightHow This Israel-Hamas Conflict Is Like Nothing That’s Happened BeforeGM Hit With More Strikes While  ( 35 min )
  • Open

    Nederland heeft vorig jaar 1,7 miljard euro verdiend aan export naar Rusland
    De uitvoer naar Rusland heeft ons land vorig jaar 1,7 miljard euro opgeleverd. Dat is fors minder dan de 2,9 miljard euro van een jaar eerder. De export naar landen in de buurt van Rusland is juist hard gestegen.  ( 8 min )
    Aantal vakbondsleden daalt naar laagste punt in 60 jaar
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    De flinke prijsverhogingen schrikken liefhebbers van de McDonald's niet af om er een snelle hap te halen. Alle verkochte hamburgers, salades en happy meals leverden het fastfoodbedrijf wereldwijd een winst van omgerekend 2,1 miljard euro op.  ( 8 min )
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    ACM onderzoekt waarom de spaarrente in ons land zo langzaam omhoogkruipt
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    Online gokbedrijven moeten miljoenenboetes betalen
    Gokbedrijven GoldWin en MKC Limited hebben flinke geldboetes opgelegd gekregen. De bedrijven zijn in ons land actief met goksites WestCasino en Betworld247, maar hebben daar geen vergunning voor. GoldWin moet bijna 7 miljoen euro betalen en MKC Limited bijna 1 miljoen euro.  ( 8 min )
    Kleine krimp voor Duitse economie door zuinige consument
    De Duitse economie is in het derde kwartaal van dit jaar licht gekrompen. De grootste economie van Europa en de belangrijkste handelspartner van Nederland stevent daarmee af op een mogelijke recessie.  ( 8 min )
    Abercrombie & Fitch aangeklaagd voor seksueel wangedrag ex-topman
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    AH-moederbedrijf krijgt er met aankoop Roemeense keten ruim 1.600 winkels bij
    Ahold Delhaize neemt de Roemeense levensmiddelenketen Profi over voor 1,3 miljard euro. Hiermee verdubbelt het moederbedrijf van onder andere Albert Heijn zijn aanwezigheid in Roemenië ruimschoots. Met het merk Mega Image was Ahold Delhaize al actief in Roemeense steden.  ( 8 min )
    AH-moederbedrijf koopt Roemeense supermarktketen Profi
    Ahold Delhaize neemt de Roemeense levensmiddelenketen Profi over voor 1,3 miljard euro. Hiermee verdubbelt het moederbedrijf van onder andere Albert Heijn zijn aanwezigheid in Roemenië ruimschoots. Met het merk Mega Image was Ahold Delhaize al actief in Roemeense steden.  ( 8 min )
    Laatste kans voor Chinese vastgoedreus Evergrande om hachje te redden
    Het wankele Chinese vastgoedconcern Evergrande krijgt een allerlaatste kans om met een plan van aanpak te komen voor zijn geldproblemen. Als het plan niet goed genoeg is, geeft de rechter in Hongkong waarschijnlijk het bevel tot ontmanteling van het bedrijf.  ( 9 min )
    Ziekteverzuim onder zorgpersoneel daalt ook in derde kwartaal
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    Toyota verkoopt recordaantal auto's, een op de drie is hybride
    De Japanse autoproducent Toyota heeft het afgelopen half jaar wereldwijd een recordaantal auto's verkocht. Met name de verkoop van hybride auto's, die deels elektrisch rijden, ging flink de hoogte in.  ( 8 min )
    Verkiezingsprogramma's onder de loep: de woningmarkt
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  • Open

    Credit Crisis: Meaning, Overview, Historical Example
    A credit crisis is a breakdown of a financial system caused by a severe disruption of the normal process of cash movement that underpins any economy.  ( 21 min )
    Examining a Career as an Auditor
    Stricter government regulations have put auditing professionals in demand. Learn more about what's needed to pursue a career as an auditor.  ( 25 min )
    How to Gift Your Credit Card Rewards, Points, or Miles
    Do you have unused credit card rewards? You can gift them to family and friends and help pay for a honeymoon, birthday, or trip. Here's how to gift points, miles, and more.  ( 26 min )
    How to Make 529 Plan Contributions as a Gift
    It's easy to make a gift to a 529 plan. If you do, you are unlikely to incur a gift tax and the earnings can grow tax-free for your intended beneficiary.  ( 29 min )
    Happiness Economics: What it is, How it Works
    Happiness economics is the formal study of the relationship between individual satisfaction and economic factors such as employment and income.  ( 22 min )
    6 Proven Tips For Series 6 Success
    These techniques can help you pass the Series 6 exam without the added stress. Here are six tips to get you ready.  ( 24 min )
    International Banking Facility (IBF): Meaning, Regulations
    IBFs allow depository institutions in the U.S. to offer deposit and loan services to foreign residents and institutions.  ( 21 min )
    SoFi Shares Gain as FinTech Company Reports Record Memberships, Boosts Guidance
    SoFi reported record new quarterly membership and product enrollment, helping prompt it to raise its full-year guidance for revenue and earnings.  ( 17 min )
    GM Reaches Tentative Deal With UAW, Bringing Historic Strike to an End
    GM announced a tentative deal with the United Auto Workers union on Monday, ending a six-week strike against the Big Three automakers.  ( 17 min )
    S&P 500 Gains and Losses Today: Western Digital Shares Soar Amid Spinoff Plan
    The S&P 500 gained 1.2% on Monday, Oct. 30, 2023, ahead of more big earnings releases, the Fed meeting, and the October jobs report.  ( 16 min )
    Realty Income Buys Spirit Realty Capital for About $9.3 Billion
    Real estate investment trust (REIT) Realty Income Corp. said it would buy another REIT, Spirit Realty Capital, for $9.3 billion in an all-stock deal.  ( 17 min )
    How Are the Federal Funds, Prime, and LIBOR Rates Related?
    The prime rate is one of the most prominent benchmark rates, which tends to track the federal funds rate closely over time. LIBOR was discontinued in 2023.  ( 25 min )
    Brexodus: What It Is and Its Effects on the British Economy
    Brexodus refers to the mass exit of individuals and corporations that Brexit, the U.K.'s divorce from the EU, was predicted to cause.  ( 29 min )
    EverBank CD Rates: October 2023
    CDs can be helpful for consumers looking to put their money to work. We reviewed CD rates from EverBank (formerly TIAA Bank) so you can see if it makes sense for your finances.  ( 20 min )
    Pentagon Awards $1.3 Billion in Satellite Contracts to Northrop Grumman, York
    Northrop Grumman and York Space Systems were awarded $1.3 billion worth of contracts to provide communications satellites for the Pentagon's Space Development Agency.  ( 17 min )
    Top CD Rates Today: Earn 6% for a Year—or a Record 6.50% for 8 Months
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union, 6.00% from Credit Human or Sandia Area Federal Credit Union, and 5.80% from Seattle Bank.  ( 19 min )
    Do Bond Losses Open Tax-Loss Harvesting Options For You? It Depends.
    After decades of gains, investment losses for the second straight year have put tax-loss harvesting options into play for bond investors. Financial advisors, though, caution that investors should first consider a wide array of factors when deciding whether to use them.  ( 19 min )
    Toyota Sets New Records for Global Output, Sales
    At 5.6 million units, the world's largest carmaker registered a third consecutive year-on-year increase in production, putting it on track for another year of strong gains.  ( 17 min )
    PNC Bank CD Rates: October 2023
    A CD can be a smart way to set aside cash. Learn about PNC Bank’s CD rates, the ins and outs of opening one, and how these CDs compare with select competitors.  ( 20 min )
    Marcus CD Rates: October 2023
    CDs offer a conservative investment for a set number of months or years. Marcus offers competitive CD rates on a variety of terms.  ( 19 min )
    Western Digital Shares Soar as Company Splits Off Flash Memory Business
    Shares of Western Digital Corp. (WDC) surged more than 10% in early trading Monday before giving back gains, after the company said it would spin off its flash memory business into a separate company.  ( 20 min )
    Your Annual Financial Planning Checklist
    It’s time to review your annual financial plan and check the progress on your most important goals. If you've never done it, here’s how to start.  ( 25 min )
    Biden's AI Exec Order Seeks New Laws, Requests Safeguards From Tech Companies
    President Joe Biden issued an executive order on Monday to set guidelines for artificial intelligence regulation.  ( 17 min )
    Top General Motors (GM) Shareholders
    The Top General Motors shareholders are Mary Barra, Mark Reuss, Doug Parks, BlackRock, Inc. The Vanguard Group, and Capital Research Global Investors.  ( 24 min )
    Index ETF: Definition, Types, Advantages, and Risks
    Index ETFs are exchange-traded funds that seek to track a benchmark index like the S&P 500 as closely as possible.  ( 21 min )
    What Does It Mean To Be Made in America?
    Made in America isn't as cut and dried as you might think. Unclear FTC rules allow just enough flexibility to make it hard to tell fact from fiction.  ( 26 min )
    Differences in Software Developers' AI Upskilling Could Widen Tech Gender Gap
    Women software developers are less likely than men to say they plan to pursue upskilling related to artificial intelligence, which could widen the existing gender gap within the tech industry.  ( 18 min )
    5 Tales of Hyperinflation and Devaluation
    Hyperinflation is a term to describe rapid, excessive price increases in an economy.  ( 23 min )
    Margin Account: Definition, How It Works, and Example
    A margin account is a brokerage account in which the broker lends the customer cash to purchase assets. Trading on margin magnifies gains and losses.  ( 24 min )
    Retirement Plan Solutions for Workers 70 and Older
    If you’re working and taking RMDs, your taxable income may start to bulge. Find out how to keep it—and your tax bill—under control.  ( 29 min )
    The 4 Best Passive Income Investments
    Generating income while you sleep requires knowing which options are a fit for your portfolio. Start by reviewing the best passive income investments.  ( 24 min )
    What Are Exchange-Traded Notes (ETNs), and How Do They Work?
    Exchange-traded notes (ETNs) are a type of unsecured debt security that tracks an underlying index of securities and trades on a major exchange like a stock.  ( 26 min )
    U.S. Consumers Have Better Credit Than Ever
    The average credit score among U.S. consumers rose to a record high of 718 in April, up from 716 last October.  ( 18 min )
    Medicare Advantage: Overview, Types, FAQs
    Medicare Advantage, or Medicare Part C, is a type of hospital and medical insurance provided by private companies instead of the federal government.  ( 25 min )
    Medicare 101: Do You Need All 4 Medicare Parts?
    There are four Medicare parts: A, B, C, and D. Learn what each Medicare part covers—including hospital, medical, and prescription drug coverage.  ( 27 min )
    Medicare Supplemental Insurance Cost
    Learn how Medigap policies are priced, how costs compare across plan types and insurance companies, the best time to buy, and how to save money on Medigap premiums.  ( 22 min )
    Passive ETF: What It Means, How It Works
    A passive ETF is a method to invest in an entire index or sector with the benefits of low costs and transparency absent in active investing.  ( 22 min )
    How Medicare Works if You're Not Retired
    When you turn 65, you have to decide whether or not to enroll in Medicare. This guide provides answers for people who are still employed.  ( 26 min )
    Original Medicare vs. Medicare Advantage
    Whether you stay with Original Medicare or choose a Medicare Advantage plan depends on how much you value flexibility versus cost and other factors.  ( 23 min )
    Using Pivot Points for Predictions
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    Exchange-Traded Fund (ETF): What They Are, Benefits, and Types
    A stock exchange-traded fund is a security that tracks a particular set of equities or index but trades like a stock on an exchange.  ( 23 min )
    Markets Rise at Midday Ahead of Key Earnings News, Fed Meeting, and Jobs Data
    U.S. equities advanced at midday on Monday, Oct. 30, 2023 ahead of more key earnings reports, the Fed's policy meeting, and the Labor Department's October jobs report.  ( 16 min )
    Biden Administration Punishes Student Loan Servicer MOHELA for Errors
    One of the largest companies that services federal student loans is being punished by the Biden administration for errors affecting millions of borrowers.  ( 17 min )
    Government Securities Clearing Corporation (GSCC) Overview
    The Government Securities Clearing Corporation was a non-profit organization that clears and nets U.S. government securities and agency debt securities.  ( 20 min )
    What Is the Best Measure of Stock Price Volatility?
    Understand what metrics are most commonly used to assess stock price volatility compared to its own price history and that of the wider market.  ( 27 min )
    Onsemi Shares Plunge After Guidance Miss as Sales Soften
    Onsemi shares plummeted after the chipmaker gave worse-than-expected guidance as sales softened and its operating margin fell.  ( 17 min )
    What Are Alternative Investments? Definition and Examples
    An alternative investment is a financial asset that does not fall into one of the conventional investment categories which are stocks, bonds or cash.  ( 30 min )
    McDonald's Beats Profit and Sales Forecasts on Higher Prices, Larger Average Tickets
    McDonald’s posted better-than-expected results as customers paid higher prices for their food.  ( 17 min )
    Canadian Union Unifor Reaches Tentative Deal With Stellantis
    Stellantis reached a tentative deal with Canadian union Unifor, after coming to an agreement with the United Auto Workers union in the U.S.  ( 17 min )
    Hedge Your Bets With Inflation-Indexed Bonds
    Inflation-linked bonds, such as TIPS and I-Bonds, protect investment returns from the loss of purchasing power and increase portfolio diversification.  ( 25 min )
    Smart Beta ETF: Definition, Types, Example
    A smart Beta ETF is a type of exchange-traded fund that uses a rules-based system for selecting investments to be included in the fund.  ( 24 min )
    What's the Most You Can Borrow With a Home Equity Loan?
    Homeowners may be able to borrow up to 85% of the equity in their property with a home equity loan.  ( 23 min )
    How to Make an IRA Contribution as a Gift
    If you want to contribute to another person’s IRA, it is important to understand the contribution requirements and limitations.  ( 27 min )
    What Is a Sector ETF, How Do You Invest in One?
    A sector exchange-traded fund (ETF) invests in the stocks and securities of a specific sector, typically identified in the fund title.  ( 22 min )
    Reverse Mortgage vs. Annuity: What's the Difference?
    Reverse mortgages and annuities are two quite different financial products, but both are used to generate a steady stream of income for retirement.  ( 28 min )
    What Are Vanguard's Admiral Shares?
    Learn about Vanguard Admiral Shares—a separate class of shares for mutual funds—with lower fees and a higher required initial investment if you invest.  ( 23 min )
    The Future of ETFs
    ETFs are growing in popularity because of their simplicity, cost-effective approach to investing, and the diversity they provide. But where are they headed in the future?  ( 23 min )
    Searching for Signs of Hope Amid the Selloff
    Shannon Sacoccia, the Chief Investment Officer for NB Private Wealth, climbs back aboard The Express to put the recent selloff into perspective, and to help us identify the signals to watch for that will turn the market around.  ( 15 min )
    My Sister’s Money Earns Miles Instead of Interest With This Savings Account
    When my sister got a large inheritance and told me she wanted to travel, I convinced her to open a Bask Bank Mileage Savings account to earn miles instead of interest.  ( 18 min )
    5 Simple Ways to Invest in Real Estate
    Sure, you can be a landlord, but there are other, less time-consuming ways to make money by investing in real estate.  ( 28 min )
    To Score the Best CD Rates, Make Sure Credit Unions Are in Your Search
    The three best CD rates available nationwide are from credit unions: 6.50% from Financial Partners Credit Union and 6.00% from Credit Human and Sandia Area Federal Credit Union.  ( 17 min )
    Mortgage Rates Fall for Virtually Every Loan Type
    Rates for almost every mortgage type have fallen, including a dip in 30-year rates that drops the flagship average to its lowest level in almost two weeks.  ( 19 min )
    Golden Visa Programs: What They Are and How They Work
    The golden visa is a type of residency-by-investment program offered by several countries, allowing foreign nationals to obtain residency rights by making a significant investment in the country's economy.  ( 25 min )
    What Is the Racial Wealth Gap? Definition, Statistics, and Impact
    The racial wealth gap refers to the difference in assets among different racial and ethnic groups, reflecting resource and opportunity disparities.  ( 40 min )
    Starting a Business with No Money: How to Begin
    Starting a business with no money can be challenging, but it's not impossible if you know how to get creative with finding ways to finance it.  ( 27 min )
    How to Invest on a Shoestring Budget
    Even when money is tight, there are ways you can save, invest, and start building wealth. Learn how to start investing even when your budget is small.  ( 28 min )
    Build a Business as an Advisor Around Under-Served Clients
    Despite efforts by advisors to provide niche services, there are still markets that remain untapped.  ( 21 min )
    Porter's 5 Forces Explained and How to Use the Model
    Porter's 5 Forces is a model that identifies and analyzes the competitive forces that shape every industry and helps determine an industry's weaknesses and strengths.  ( 26 min )
    SWOT Analysis: How To With Table and Example
    SWOT (strengths, weaknesses, opportunities, and threats) analysis is a framework used to evaluate a company's competitive position and to develop strategic planning.  ( 32 min )
    5 Things to Know Before Markets Open
    The United Auto Workers union reached a deal with Stellantis while expanding its strike against GM. Here’s what investors need to know today.  ( 18 min )
    How to Advise Non-U.S. Citizens on Social Security
    Advising clients who are not U.S. citizens on Social Security is complex. Here is how you can successfully navigate this challenge.  ( 23 min )
    Top Compliance Headaches for Financial Advisors
    Advisors who do not devote sufficient attention to compliance issues can find themselves in hot water with both regulators and their clients.  ( 21 min )
    Pros and Cons of Holding Crypto in a 401(k)
    You can add Bitcoin to Fidelity’s 401(k) accounts. In this article, we’ll explore the pros and cons of doing so.  ( 24 min )
    Gaming Industry ETF Definition
    Gaming industry ETFs invest in companies that generate revenue from the casino sector, video game industry or other forms of entertainment.  ( 23 min )
    Will a Loan on My 401(k) Affect My Mortgage?
    A 401(k) loan won’t affect your current or future mortgage. Learn how a 401(k) loan works and about how to use it to finance a down payment on a new home.  ( 23 min )
    How Savings Account Interest Rates Are Determined
    Find out how supply, demand, and central bank policy all affect savings account rates offered by banks for extra deposits on account balances.  ( 23 min )
    How AI is Shaping the Advisory Landscape
    While many have been slow to adapt AI or wary of its benefits, financial advisors who do not adapt the technology to their practice will be left behind.  ( 24 min )
    Commodity ETF: Meaning, Overview and FAQ
    A commodity ETF is an exchange traded fund that invests in physical commodities, such as agricultural goods, natural resources, and precious metals.  ( 26 min )
    State and Local Tax (SALT): Definition and How It's Deducted
    The federal deduction for state and local taxes (SALT) for taxpayers who itemize deductions is currently capped at $10,000. What’s next?  ( 26 min )
    The 3 Largest Global Ex-U.S. ETFs
    Discover global ex-U.S. exchange-traded funds (ETFs) and why you may want to use them in your portfolio, and learn about the three largest ETFs available.  ( 23 min )
    Understanding Gold ETFs vs. Gold Futures
    Gold ETFs and gold futures are two ways to diversify into the metals asset class, but there are significant differences between the two investment vehicles.  ( 28 min )
    The 5 Largest Developed Market ETFs (EFA, VEA)
    Find out which developed-market ETFs manage the greatest asset base, and why major U.S. equity-only funds are not included in the calculation.  ( 21 min )
    The True Risks Behind Preferred Stock ETFs
    Although preferred stock ETFs may pay higher dividends, they also pose risks, including lack of diversification and sensitivity to interest rates.  ( 21 min )
    Preferred Stock ETFs vs. Bond ETFs: What's the Difference?
    Take a look at the differences between preferred stock ETFs and bond ETFs and why you should invest in one over the other.  ( 23 min )
    Tax Revenue: What it is, How it Works, Types
    Reliance on an income tax versus a consumption tax is one big difference between U.S. revenue sources and those of other countries. Learn the options.  ( 27 min )
    Are Triple Leveraged ETFs a Good Idea?
    Investors who are over the leverage game should consider ETFs as a way to maximize returns and increase exposure.  ( 23 min )
    6 Popular Types of ETF For Your Portfolio
    Due to their ease of use, low fees and diversification benefits, ETFs have exploded in popularity. We look at six common types of funds.  ( 24 min )
  • Open

    S&P 500 Gains and Losses Today: Western Digital Shares Soar Amid Spinoff Plan
    The S&P 500 gained 1.2% on Monday, Oct. 30, 2023, ahead of more big earnings releases, the Fed meeting, and the October jobs report.  ( 1 min )
    GM Reaches Tentative Deal With UAW, Bringing Historic Strike to an End
    GM announced a tentative deal with the United Auto Workers union on Monday, ending a six-week strike against the Big Three automakers.  ( 1 min )
    SoFi Shares Gain as FinTech Company Reports Record Memberships, Boosts Guidance
    SoFi reported record new quarterly membership and product enrollment, helping prompt it to raise its full-year guidance for revenue and earnings.  ( 1 min )
    Markets Rise at Midday Ahead of Key Earnings News, Fed Meeting, and Jobs Data
    U.S. equities advanced at midday on Monday, Oct. 30, 2023 ahead of more key earnings reports, the Fed's policy meeting, and the Labor Department's October jobs report.  ( 1 min )
    Dow Jones Today: Stock Futures Jump To Kick Off Big Earnings, Fed Week
    Stock futures were higher in premarket trading Monday to kick off another week of earnings, plus the Fed's interest rate decision and a major jobs report.  ( 1 min )
    5 Things to Know Before Markets Open
    The United Auto Workers union reached a deal with Stellantis while expanding its strike against GM. Here’s what investors need to know today.  ( 1 min )
  • Open

    Toyota Sets New Records for Global Output, Sales
    At 5.6 million units, the world's largest carmaker registered a third consecutive year-on-year increase in production, putting it on track for another year of strong gains.  ( 1 min )
    Realty Income Buys Spirit Realty Capital for About $9.3 Billion
    Real estate investment trust (REIT) Realty Income Corp. said it would buy another REIT, Spirit Realty Capital, for $9.3 billion in an all-stock deal.  ( 1 min )
    Pentagon Awards $1.3 Billion in Satellite Contracts to Northrop Grumman, York
    Northrop Grumman and York Space Systems were awarded $1.3 billion worth of contracts to provide communications satellites for the Pentagon's Space Development Agency.  ( 1 min )
    Western Digital Shares Soar as Company Splits Off Flash Memory Business
    Shares of Western Digital Corp. (WDC) surged more than 10% in early trading Monday before giving back gains, after the company said it would spin off its flash memory business into a separate company.  ( 1 min )
    Canadian Union Unifor Reaches Tentative Deal With Stellantis
    Stellantis reached a tentative deal with Canadian union Unifor, after coming to an agreement with the United Auto Workers union in the U.S.  ( 1 min )

  • Open

    US Treasury seen boosting auction sizes as budget deficit worsens
    The U.S. Treasury is likely to boost the size of auctions for bills, notes, and bonds in the fourth quarter when it announces its financing plans this week to fund a worsening budget deficit, analysts said. Investors are playing close attention to this week's quarterly refunding announcement as a sharp jump in long-term Treasury yields has been partly attributed to concerns about the U.S. fiscal deficit. "The market has associated the rise in Treasury yields with deficit concerns and reflects worries about the sustainability of those deficits," said Guneet Dhingra, managing director and head of U.S. rates strategy at Morgan Stanley in New York.  ( 34 min )
    China Evergrande granted final reprieve as winding-up hearing adjourned
    HONG KONG (Reuters) -A hearing on Monday to wind up China Evergrande Group was adjourned until Dec. 4, with a Hong Kong High Court judge giving the world's most indebted property developer one last chance to come up with a restructuring plan or face liquidation. Evergrande, which has more than $300 billion of liabilities, defaulted on its offshore debt in late 2021 and became the poster child of a debt crisis that has since engulfed China's property sector. Justice Linda Chan told the court the next hearing would be the last before a decision is made on the winding up order.  ( 34 min )
    Stocks Poised to Open Higher
    The week features the Federal Reserve's latest decision on interest rates, Apple earnings, and the October jobs report.  ( 23 min )
    The stock market is grasping for direction as multiple buy and sell signals flash at the same time
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    The Big Bond Market Event Wednesday Is at Treasury, Not the Fed
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    Gas prices continue decline amid Israel-Hamas war, but that could change
    Gas prices continue to fall as the Israel-Hamas war escalates, but the situation could change quickly.  ( 34 min )
    SoFi Will Post Earnings Monday. It Has a Lot to Prove.
    SoFi shares have had a fantastic year, but they're still trading at about a third of where they debuted two years ago.  ( 30 min )
    Cybersecurity Stocks: What To Watch In This Week's Earnings Reports
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    Strained Markets Face Added Tension as Israel-Hamas War Heats Up
    (Bloomberg) -- The expansion of Israel’s ground operations in Gaza added more pressure to global markets as investors prepare for a busy week packed with major central bank decisions and a high-stakes announcement of US bond sales. Most Read from BloombergIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursCanada Plans College Crackdown Amid Foreign Student TroublesGM Hit With More Strikes While Stellantis Reaches Deal With UAWHow This Israel-Hamas Conflict Is Like Nothing That’s Happened B  ( 34 min )
    Landlords pay off millions in mortgage debt to slash interest bills
    Landlords are paying off millions of pounds in mortgage debt in a bid to reduce rising interest bills.  ( 33 min )
    Goldman Sachs CEO: Doesn’t see 1970-80s interest rates
    Interest rates are climbing, driving prices higher for everything from homes to cars to credit cards. With the Federal Reserve on tap to raise rates further, how high can they go?  ( 34 min )
    The Wolf of Wall Street: Why the S&P 500 Index is still the ticket to riches
    Jordan Belfort, known for his best-selling book, "The Wolf of Wall Street," shares some simple investing advice to build a large retirement nest egg.  ( 36 min )
    Apple earnings, Fed decision and jobs data top Wall Street week ahead
    Investors are preparing for another busy week of earnings, including McDonald's and Apple, as well as ADP's private employer jobs report and the government's jobs data for October.  ( 34 min )
    S&P 500 and Nasdaq are in correction territory. What it means for you and your 401(k).
    The S&P 500 and Nasdaq Composite were in correction territory Friday after dipping more than 10% from recent peaks. What it means for you.  ( 34 min )
    Florida's insurance crisis poses yet another obstacle for homebuyers there
    Florida's insurance crisis threatens homebuyers who are trying to secure financing.  ( 36 min )
    UAW's new deal with Ford includes $8 billion in manufacturing investments
    DETROIT (Reuters) -United Auto Workers union leaders approved a new tentative contract agreement Sunday with Ford Motor that includes $8.1 billion in company manufacturing investments, while bargaining continues at General Motors without any deal. UAW President Shawn Fain on Saturday ordered a walkout at GM's Spring Hill, Tennessee engine and assembly plant, criticizing management's "unnecessary and irresponsible refusal to come to a fair agreement." Fain met with union leaders on Sunday to go over the agreement before officials agreed to submit the deal to the full membership for a ratification vote.  ( 35 min )
    Ask an Advisor: When Taking RMDs, How Do I Avoid Locking in Losses? I'll Be 72 Years Old Soon, and My Stocks Are ‘Way Down' This Year
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    Ask an Advisor: Should I Stop Reinvesting Dividends?
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    Ask an Advisor: I Have a ‘Solid Understanding' of Investment Strategies. So Why Should I Pay 1% to a Financial Advisor?
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    Plan to Hike Electric Bills 29% Sparks Fury in Wyoming
    The proposed increase has turned into a fight over renewable power in the coal-rich state and led to talks of a government takeover.  ( 29 min )
    What Wall Street Expects From PayPal's New CEO
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    A Sweetheart Deal on Car Dealers After Auto Strikes
    Dealers’ margins would have been at risk if the UAW strikes continued.  ( 28 min )
    Fed meeting, Apple earnings: What to know this week
    Another busy week for investors will be highlighted by central bank news and results from America's biggest public company.  ( 37 min )
    Stock Traders Face Pivotal Week as Apple Steals Fed Spotlight
    (Bloomberg) -- A Federal Reserve meeting typically is the stock-market story of the week. Not so this time, however, as investors are more focused on Apple Inc.’s Thursday earnings report than the central bank’s Wednesday interest-rate decision. Most Read from BloombergIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursCanada Plans College Crackdown Amid Foreign Student TroublesGM Hit With More Strikes While Stellantis Reaches Deal With UAWIsrael Warns of ‘Long’ War as Invasion of Gaza Str  ( 35 min )
    Dan Niles looking to re-short Tesla, Apple: Insider trades & hedge funds weekly
    Here is your Pro Recap of the biggest insider trades and institutional investor headlines you may have missed last week: Corvex doubles stake in Southwest Gas, Ancora supports Forward Air’s decision to terminate Omni Logistics merger, Satori's Dan Niles covers shorts in Tesla and Apple and looks to re-short higher, and top brass buys at Truist Financial, Nasdaq, and Commercial Metals. InvestingPro subscribers got this news first.  ( 34 min )
    Oil and Gas Markets Eye Risk of Escalation as Gaza War Deepens
    (Bloomberg) -- Oil and gas markets are set for another volatile week of trading after Israel began its long-anticipated ground invasion of Gaza.Most Read from BloombergIsrael Latest: Air Force Drops Leaflets Urging Hamas SurrenderCanada Plans College Crackdown Amid Foreign Student TroublesIsrael Warns of ‘Long’ War as Invasion of Gaza Strip BeginsGM Hit With More Strikes While Stellantis Reaches Deal With UAWHow This Israel-Hamas Conflict Is Like Nothing That’s Happened BeforeThe biggest risk to  ( 34 min )
    Fed to Weigh How Much Fuel Consumers Have Left After Rate Hikes
    (Bloomberg) -- The surprising resilience of American consumers is about to be tested over the coming months, as rising delinquencies, growing debt payments and dwindling cash piles put pressure on household balance sheets. Most Read from BloombergIsrael Latest: Air Force Drops Leaflets Urging Hamas SurrenderCanada Plans College Crackdown Amid Foreign Student TroublesIsrael Warns of ‘Long’ War as Invasion of Gaza Strip BeginsGM Hit With More Strikes While Stellantis Reaches Deal With UAWHow This  ( 35 min )
    The Nasdaq's fallen into a correction – what investors should consider
    The Nasdaq is down — but investors should focus on quality companies in the tech heavy index.  ( 35 min )
    Crypto Memes Kick Back Into High Gear After Bitcoin ETF Frenzy
    (Bloomberg) -- If there’s one thing that crypto enthusiasts love more than the digital assets themselves, it’s memes. A frenzy of crypto-based memes have gained fresh momentum last week as Bitcoin rallied.Most Read from BloombergIsrael Latest: Army Says It Strikes Hezbollah Targets in LebanonCanada Plans College Crackdown Amid Foreign Student TroublesIsrael Warns of ‘Long’ War as Invasion of Gaza Strip BeginsGM Hit With More Strikes While Stellantis Reaches Deal With UAWIsrael Enters ‘New Stage’  ( 33 min )
    Big Bank Bought Up Apple, Tesla, AT&T, and Microsoft Stock
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    Bad loans are becoming a real problem for regional banks
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    Borderlands: US mulls terminating tomato trade agreement with Mexico
    This week in Borderlands: The U.S. mulls terminating a tomato trade agreement with Mexico; Walmart opens a fulfillment center near Dallas; Saddle Creek Logistics is opening a distribution center in Arizona; and layoffs hit GulfMark Energy’s operations in Texas. The post Borderlands: US mulls terminating tomato trade agreement with Mexico appeared first on FreightWaves.  ( 36 min )
    A Harvard Prodigy Set Out to Disrupt the Legal Industry. Now, CS Disco Tries to Fix Its Culture.
    Following CEO Kiwi Camara’s exit, employees called for a board investigation. CS Disco says it is working to address staff concerns.  ( 31 min )
    Mideast Market Reaction Subdued as Israel Begins Gaza Ground War
    (Bloomberg) -- Middle Eastern markets that opened on Sunday showed little sign of panic as trading began a day after Israel started its ground invasion of Gaza.Most Read from BloombergCanada Plans College Crackdown Amid Foreign Student TroublesIsrael Warns of ‘Long’ War as Invasion of Gaza Strip BeginsGM Hit With More Strikes While Stellantis Reaches Deal With UAWIsrael Enters ‘New Stage’ of War With Gaza Ground FightingIsrael Latest: Strikes on Gaza as Israel Enters Ground WarIsrael’s TA-35 sto  ( 32 min )
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    Why Chinese interest is soaring in West African Guinea's Simandou iron ore reserves
    A massive untapped iron ore mine in West Africa has shot up China's list of belt and road priorities as it pushes to cut reliance on Australia and Brazil for the mineral essential to steel production. Simandou, a 110km (68 mile) mountain range in the inland forests of southeastern Guinea, is home to the world's largest known undeveloped reserve of high-grade iron ore, with a projected annual production capacity of 120 million tonnes. The vast deposits have drawn Chinese multinationals including  ( 37 min )
    Hedge Fund Two Sigma Is Hit by Trading Scandal
    The firm co-founded by David Siegel has told clients that a researcher adjusted the hedge fund’s investing models without authorization, resulting in a total of $620 million in unexpected gains and losses.  ( 31 min )
    The IMF figures that lay bare the world’s dangerous debt addiction
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    Traders and Banks Strike Deals in Russian Metals as Taboo Fades
    (Bloomberg) -- Nearly two years since the invasion of Ukraine, a handful of western banks and traders from Citigroup Inc. to Trafigura Group are increasingly willing to enter new deals for Russian metals, seizing opportunities for profit while competitors hold back.Most Read from BloombergCanada Plans College Crackdown Amid Foreign Student TroublesIsrael Warns of ‘Long’ War as Invasion of Gaza Strip BeginsIsrael Enters ‘New Stage’ of War With Gaza Ground FightingGM Hit With More Strikes While St  ( 36 min )
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    Here is your Pro Recap of 5 head-turning deal dispatches you may have missed last week: Chevron to buy Hess for $53 billion, Vista Equity Partners to pick up EngageSmart, Roche to buy Telavant Holdings from Roivant and Pfizer , Western Digital drops on 'scrapped' merger, and Forward Air seeks to terminate disastrous Omni merger. Chevron (NYSE:CVX) last week said it struck an all-stock deal to buy Hess (NYSE:HES) for $53 billion, or $171 per share, based on Chevron's Oct. 20 closing price.  ( 35 min )
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    (Bloomberg) -- Employers in the US probably tempered their pace of hiring this month after beefing up payrolls by the most since the start of the year, consistent with a sturdy labor market that’s powering economic expansion.Most Read from BloombergCanada Plans College Crackdown Amid Foreign Student TroublesIsrael Warns of ‘Long’ War as Invasion of Gaza Strip BeginsIsrael Enters ‘New Stage’ of War With Gaza Ground FightingEverything Apple Plans to Launch at Oct. 30 ‘Scary Fast’ Mac EventGovernme  ( 37 min )
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    No content preview
    UAW Expands Strike With GM After Reaching Tentative Agreement With Stellantis
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    The World’s Iron Ore Powerhouse Is Preparing to Reinvent Itself
    (Bloomberg) -- Vast heaps of crushed brown rock hem the Indian Ocean at Western Australia’s Parker Point port — each a stockpile of 200,000 tons of iron ore, ready to be poured into a procession of bulk carriers bound for Asia’s steel mills.Most Read from BloombergCanada Plans College Crackdown Amid Foreign Student TroublesIsrael Warns of ‘Long’ War as Invasion of Gaza Strip BeginsIsrael Enters ‘New Stage’ of War With Gaza Ground FightingGM Hit With More Strikes While Stellantis Reaches Deal Wit  ( 37 min )
  • Open

    Double Gold ETF
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    Currency ETF: Meaning, Special Considerations, Examples
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    Top 10 Lead-Generation Tips for Financial Advisors
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    7 Careers in Finance at Non-Profit Organizations
    The non-profit sector offers a stable selection of jobs for those who seek other types of fulfillment from their jobs than just purely financial.  ( 19 min )
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    Present Value Excel: How to Calculate PV in Excel
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    UAW Reaches Tentative Agreement With Stellantis, Expands Strike Against GM
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  • Open

    Groeiend aantal Nederlanders zonder aanvullende fysioverzekering
    Een groeiende groep Nederlanders is niet aanvullend verzekerd voor fysiotherapie. Een deel van hen komt daardoor in het ziekenhuis terecht, terwijl een fysiotherapeut ze ook had kunnen behandelen, wat goedkoper is.  ( 9 min )
    Oekraïne wil vanaf 2025 geen Russisch gas meer doorlaten
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    Amerikaanse bank verwacht dat economie Israël dit kwartaal stevig kan krimpen
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    Economen verwachten dat economie Israël dit kwartaal stevig kan krimpen
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    Medewerkers in de houthandel leggen komende week opnieuw werk neer
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    NU+ | Getest: Beste 'AirPods' van dit moment zijn niet van Apple, maar van Sony
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    Praat Mee | Ga jij voor een vast energiecontract?
    NU.nl kiest elke dag een actueel onderwerp waarover jij uitgebreid met medelezers van gedachten kunt wisselen. Vandaag gaat het over energiecontracten. De energieprijzen stijgen weer na een lange daling. Dit lijkt dus hét moment om voor zekerheid te kiezen, in de vorm van een vast contract. Toch wachten veel consumenten nog af. Ga jij voor een vast contract? Of kies je daar juist niet voor?  ( 8 min )
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    De Amerikaanse vakbond voor de auto-industrie UAW heeft na 44 dagen staking zaterdag een voorlopig akkoord bereikt met autoproducent Stellantis. Bij General Motors, de enige van de drie grote fabrikanten die volhardt, wordt de wekenlange staking uitgebreid.  ( 9 min )
    Explainer | Is spitsmijden de oplossing voor het overvolle stroomnet?
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    NU+ | Veel lawaai, weinig beenruimte: Rutgers vlucht in een Ryanair-simulatie
    Van alles wat je op een doordeweekse avond kan doen, had techjournalist Rutger Otto niet verwacht dat hij ooit in een door tieners gemaakte Ryanair-simulatie zou zitten. Toch stapte hij met tientallen Roblox-spelers aan boord van een virtueel vliegtuig richting de hoofdstad van Montenegro.  ( 10 min )
  • Open

    UAW Reaches Tentative Agreement With Stellantis, Expands Strike Against GM
    The UAW labor union has come to an agreement to end strike action against Stellantis, while increasing the pressure on General Motors.  ( 1 min )

  • Open

    Our Most Read Stories This Week: Arthur Hayes, Bitcoin ETF, New POL Token
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    Get ready for more US debt sticker shock as Wall Street sees a bigger wave of Treasurys flooding the bond market
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    One Last Make-or-Break Week of 2023 Has Treasury Traders on Edge
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    The UAW Strike Nears an End. The Winners, Losers, and Unknowns in the Deal.
    Chrysler-parent Stellantis reached a deal with the United Auto Workers to end a six-week strike just days after Ford Motor came to a tentative agreement with the union.  ( 28 min )
    This Chip Stock Looks Like a Buy Ahead of Earnings
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    The US's massive debt pile is fueling the bond-market crash. These 4 charts tell the story.
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    Tech Earnings Were Strong. Why Stocks Slipped Into a Correction Anyway.
    For Microsoft, Meta, Alphabet, and Amazon, generative AI is a high-stakes, no-limit poker game that requires not just capital but also labor—mainly costly coders.  ( 35 min )
    Investors on edge as Middle East conflict intensifies
    Investors are watching over the weekend for signs of whether the conflict in the Middle East will escalate, which could ratchet up volatility in markets that already expected a busy week ahead with a Federal Reserve policy statement and Apple results. Investors have grown more worried about a widening conflict in recent days after the U.S. dispatched more military assets to the Middle East while Israel attacked targets in Gaza and Hamas supporters in Lebanon and Syria. "The situation in Israel is … causing a lot of anxiety,” said Randy Frederick, managing director of trading and derivatives for Charles Schwab.  ( 32 min )
    Microsoft Leads These 5 Dow Jones Stocks Near Buy Points
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    Could These Bonds Protect Retirees From Inflation ... All While Making Them a Profit?
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    What Will My Lifestyle Look Like if I Retire With $20 Million?
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    Ask an Advisor: Our Long-Term Care Insurance Now Costs $500 Per Month. We're in Our Mid-70s and Have Paid $72k in Total. Should We Cancel Our Policies?
    My wife and I bought long-term care policies 25 years ago when they were relatively cheap. Now, our premiums have increased for the third time to over $500 per month and will rise again in six years. I figure I’ve already paid about $72,000 in premiums. Now, in our late 70s, I’m trying to decide […] The post Ask an Advisor: Our Long-Term Care Insurance Now Costs $500 Per Month. We’re in Our Mid-70s and Have Paid $72k in Total. Should We Cancel Our Policies? appeared first on SmartReads by SmartA  ( 34 min )
    Ask an Advisor: I Lost My Job. Can I Tap Retirement Accounts Without Penalties?
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    Is $5 Million Enough to Retire at 30?
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    Ask an Advisor: I'm Losing Money on Investments. How Can My Advisor Let This Happen?
    I'm constantly losing money on stock and cryptocurrency investments. And I paid for the advice that has given me the information that I've used to do this. For example, I was told to buy SoFi and lost money the whole … Continue reading → The post Ask an Advisor: I'm Losing Money on Investments. How Can My Advisor Let This Happen? appeared first on SmartAsset Blog.  ( 36 min )
    Ask an Advisor: ‘I'm Strictly Into Bonds' and Afraid of the Stock Market. Is This a Strategy I Should Stick With?
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    You Have to Work This Many Years Before You Can Retire Work
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    This Is Where Rich Americans Give the Most to Charity
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    Could These RMD Rules Turn Charitable Donations Into Long-Term Retirement Income?
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    Chinese EV Startup Secures Billion-Dollar Backing From U.S. Auto Giant
    Stellantis plans to invest $1.6 billion in Chinese EV startup Leapmotor as other automakers struggle in China's electric vehicle market.  ( 34 min )
    A Couple Paid Down Most of Their Debt. Now They Need a New Financial Plan.
    They want to build an emergency fund and start planning for children. A financial adviser offers her suggestions for how they can best get there.  ( 29 min )
    Market turns vicious on profit misses in tough earnings season
    (Bloomberg) -- Earnings season is halfway through, and one thing is becoming clear – equity investors are frustrated with all the losing.Most Read from BloombergIsrael Enters ‘New Stage’ of War With Gaza Ground FightingCanada Plans College Crackdown Amid Foreign Student TroublesEverything Apple Plans to Launch at Oct. 30 ‘Scary Fast’ Mac EventIsrael Latest: Iranian Minister Warns US Over Support of IsraelEleven trading days have elapsed since JPMorgan Chase & Co. kicked off quarterly results, an  ( 34 min )
    Exxon and Chevron Megadeals Reveal Why Days of Easy Oil Are Over
    (Bloomberg) -- Exxon Mobil Corp. and Chevron Corp. spent recent days telling investors why they want to spend $114 billion combined on two megadeals. On Friday, their earnings reports revealed why they need to.Most Read from BloombergCanada Plans College Crackdown Amid Foreign Student TroublesEverything Apple Plans to Launch at Oct. 30 ‘Scary Fast’ Mac EventIsrael Latest: Iranian Minister Warns US Over Support of IsraelIsrael Enters ‘New Stage’ of War With Gaza Ground FightingExxon’s oil product  ( 35 min )
    Student loans: Who is responsible for all that debt in a divorce?
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    More Americans over 75 are working than ever: "We're balling now"
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    ETFs Highly Exposed to the 'Magnificent 7' Have Been Pummeled Amid a Tech Selloff
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    Dow Jones Futures: Apple, Fed Loom For Market Correction; Microsoft Leads Stocks To Watch
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    Un-retiring: Yahoo Finance's readers speak. (And we answer.)
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    More Americans face 'persistent debt' as interest rates and fees rise, report shows
    American cardholders paid a record $130 billion in interest and fees in 2022, according to a new CFPB report.  ( 35 min )
    5 common—and costly—Medicare Open Enrollment mistakes to avoid
    As millions of current and new Medicare beneficiaries evaluate the insurance that’s right for them, an expert offers some suggestions to avoid costly errors.  ( 35 min )
    An American Family Oil Dynasty Ends as Hess Sells
    Hess’s sale to Chevron concludes nearly a century of globe-spanning oil discoveries and Homeric fights for the New York oil giant  ( 25 min )
    The Mortgage Market Is So Bad Lenders Want Ex-Employees to Give Back Their Bonuses
    The mortgage industry is notoriously feast or famine, but there’s no obvious way out of this bust, and many mortgage companies are growing desperate.  ( 25 min )
    This tech CEO who earned $29 million last year doesn’t care where his staff work—he’s one of the bosses leading the return-to-office resistance by example
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    Goldman Says Souring US Growth Views May Create Stocks Bargains
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    'Big Short' Michael Burry's bets against S&P 500 and Nasdaq pay off
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    Treasury bonds are yielding the same as the highest dividends paid by S&P 500 companies, Goldman Sachs says
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  • Open

    How to Sell Life Insurance Online
    Life insurance brokers can increase sales by marketing online. However, no website or digital marketing strategy can be good enough to replace sales ability.  ( 25 min )
    Preparing for an Initial Client Meeting as a Financial Advisor
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    5 Must-Read Blogs for Financial Advisors
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    Making It Big On Wall Street
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    ETFs Highly Exposed to the 'Magnificent 7' Have Been Pummeled Amid a Tech Selloff
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  • Open

    Vijftig jaar na sluiting laatste steenkoolmijn kunnen Limburgers schade melden
    Limburgers kunnen vanaf volgend jaar een vergoeding krijgen voor lichte en zware schade aan hun huizen als gevolg van steenkoolwinning. De laatste steenkoolmijn in de provincie is in 1974 gesloten, maar de schade is bij sommige huizen nog altijd zichtbaar.  ( 9 min )
    Nieuwe betaalde X-accounts: hogere plek bij antwoorden en geen advertenties
    X heeft weer twee nieuwe betaalde abonnementen geïntroduceerd. De premiumaccounts geven klanten nieuwe mogelijkheden en prominentere plekken op het sociale medium.  ( 10 min )
    Vliegtuigbouwer Boeing bedreigd door hackers: 'Gaan gevoelige data openbaren'
    De Amerikaanse vliegtuigbouwer Boeing wordt bedreigd door hackers, die dreigen "gevoelige data" van het concern openbaar te maken. Het gaat om de groep cybercriminelen die in Nederland de KNVB zou hebben aangevallen.  ( 8 min )
    NU+ | Energieprijzen omhoog: is dit het perfecte moment voor een vast contract?
    Terwijl Nederlanders sinds half oktober de verwarming weer opstoken, stijgen tegelijkertijd de energieprijzen weer na een lange daling. Dit lijkt dus hét moment om voor zekerheid te kiezen, in de vorm van een vast contract. Toch wachten veel consumenten nog af.  ( 10 min )
    Google steekt net als Amazon miljarden in AI-start-up Anthropic
    Google heeft Anthropic, een Amerikaans bedrijf dat is gespecialiseerd in kunstmatige intelligentie, omgerekend 1,9 miljard euro aan investeringen beloofd. Het gaat om een lening die later wordt omgezet in aandelen in het bedrijf.  ( 9 min )
    Google steekt miljarden in start-up kunstmatige intelligentie Anthropic
    Google heeft 2 miljard dollar (1,9 miljard euro) aan investeringen beloofd aan Anthropic, een Amerikaans bedrijf dat is gespecialiseerd in kunstmatige intelligentie (AI). Het gaat om een lening die later wordt omgezet in aandelen in het bedrijf.  ( 9 min )
    NU+ | Een jaar na overname door Musk heet Twitter X en lopen gebruikers weg
    Het is alweer een jaar geleden dat Elon Musk het gigantische bedrag van 44 miljard dollar neertelde om Twitter te kopen. Inmiddels is er veel veranderd, zoals de naam van de dienst. Ook ziet X het vertrouwen en het aantal gebruikers en adverteerders afnemen.  ( 11 min )
    Graaiflatie niet bewezen, maar sommige bedrijven hebben wel marges verhoogd
    Tijdens de inflatiegolf van de afgelopen jaren heeft een deel van de bedrijven hun winstmarge weten te verhogen. Onder meer in de energiesector en bij vastgoedbedrijven is de winst per product de afgelopen twee jaar gestegen, blijkt uit onderzoeken van Rabobank en het CPB.  ( 11 min )
    NU+ | Een jaar na de overname door Musk heet Twitter X en lopen gebruikers weg
    Het is alweer een jaar geleden dat Elon Musk het gigantische bedrag van 44 miljard dollar neertelde om Twitter te kopen. Inmiddels is er veel veranderd, zoals de naam van de dienst. Ook ziet X het vertrouwen en het aantal gebruikers en adverteerders afnemen.  ( 11 min )
    Graaiflatie niet bewezen, maar sommige bedrijven hebben wel hun marges verhoogd
    Tijdens de inflatiegolf van de afgelopen jaren heeft een deel van de bedrijven hun winstmarge weten te verhogen. Onder meer in de energiesector en bij vastgoedbedrijven is de winst per product de afgelopen twee jaar gestegen, blijkt uit onderzoeken van Rabobank en het CPB.  ( 11 min )
  • Open

    Earnings Beat of the Week: Chipotle Has Strong Q3 as Customers Splurge on Burritos
    Restaurant chain Chipotle Mexican Grill (CMG) posted higher-than-expected earnings and revenue in the third quarter as consumers splurged on burritos despite more-expensive menu prices.  ( 1 min )

  • Open

    The S&P 500 will rocket 18% by year-end as the economy stays strong and the Fed ends interest rate hikes, Oppenheimer investment chief says
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    The S&P 500 could fall another 5% and test a critical support level that has previously marked the bottom, Bank of America says
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    Ford stock plunges 12% on news of wider EV losses
    Ford shares tumbled Friday after the company withdrew its full-year forecast and reported greater losses than expected in its electric vehicle division.  ( 33 min )
    Frazzled U.S. stock investors eye frothy Treasury market as Fed looms
    Financial markets are bracing for what could be a momentous week, with a Federal Reserve meeting, U.S. employment data and earnings from technology heavyweight Apple Inc possibly setting the course for stocks and bonds the rest of the year. October has lived up to its reputation for volatility, as a surge in Treasury yields and geopolitical uncertainty pressured stocks. The S&P 500 index is down 3.5% for the month, adding to losses that have left it over 10% off its late-July high.  ( 34 min )
    Apple, Fed Meeting, Caterpillar, Jobs Report: Investing Action Plan
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    Retail Investors Weigh In on Schwab
    Readers respond to articles on Charles Schwab, Change Company, and spinoffs.  ( 22 min )
    SBF tells jury he didn't take FTX customer money but 'a lot of people got hurt'
    FTX founder Sam Bankman-Fried began his testimony before a jury by saying he didn't commit fraud or take customer funds from his cryptocurrency exchange.  ( 36 min )
    Wells Fargo Vice Chairman Tom Nides Leaves After One Month to Focus on Israel
    Tom Nides, who started as a vice chairman at Wells Fargo last month, is resigning to focus on the events unfolding in Israel. Nides, the U.S. ambassador to Israel until this summer, [joined the San Francisco bank](https://www.wsj.com/li  ( 24 min )
    S&P 500 Gains and Losses Today: Solar Stocks Plunge After Warning From Enphase
    The S&P 500 dropped 0.5% on Oct. 27, 2023, falling into correction territory as mixed earnings reports raised new concerns about a potential recession.  ( 18 min )
    Will Interest Rates Go Even Higher? Fed Meeting Wednesday Could Provide Clues
    All eyes are on the Federal Reserve’s Wednesday meeting for hints about whether interest rates on all kinds of loans will remain at their highest in decades—or if they’ll go even higher.  ( 21 min )
    Top CD Rates Today: 6.50% for Smaller Deposits, or 6% for Larger Deposits
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union, 6.00% from Credit Human or Sandia Area Federal Credit Union, and 5.80% from Seattle Bank.  ( 21 min )
    Solar Power Stocks Sink as Enphase Energy Warns About Falling Demand
    Solar power stocks tumbled after Enphase Energy missed sales and profit estimates and warned that current quarter revenue will be well below forecasts.  ( 19 min )
    Jamie Dimon to reduce his JPM stake in first stock sale as boss
    JPMorgan CEO Jamie Dimon plans to sell 1 million shares of company stock starting in 2024 for "financial diversification and tax-planning purposes."  ( 35 min )
    NVO Stock Ended Up Being Healthy For Swing Trading Portfolios
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    Worst October for Stocks in Five Years Has Investors Exiting Market
    (Bloomberg) -- The VIX is at 20, stocks are on the brink of their worst October in five years, and every other day the bond market throws a fit.Most Read from BloombergHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingIsrael Latest: Army ‘Expanding’ Ground Activity in Gaza StripEverything Apple Plans to Launch at Oct. 30 ‘Scary Fast’ Mac EventUS Military Attacks Two Syrian Facilities It Says Are Linked to IranFor equity bulls conditioned to dive in at any sign of wea  ( 34 min )
    Masimo Surges After Winning A Potential $100 Million Battle Against Apple
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    TipRanks’ ‘Perfect 10’ List: These 2 Top-Rated Industrial Stocks Have What It Takes to Surge
    The last few trading sessions have been harsh, showing sudden, steep losses after some Big Tech earnings reports failed to impress investors. These losses, along with the shift in sentiment, threaten to undermine the generally positive market outlook that was established during the strong bullish run earlier this year. At the same time, not every stock sector is performing poorly. Tom Lee, who is monitoring the situation from Fundstrat, sees evidence that industrial stocks are gearing up for a s  ( 37 min )
    Exxon and Chevron Earnings Slumped in Q3. Here's Why Investors Balked More At One.
    Shares of ExxonMobil and Chevron fell Friday after they reported third-quarter results, which highlighted why each made recent large acquisitions to boost their U.S. output.  ( 20 min )
    Intel Shares Pop After Foundry Revenue Quadrupled Amid Rising Demand for AI Chips
    Intel shares jumped Friday after the tech company’s third-quarter earnings beat estimates, in part driven by gains in its foundry business and surging interest in artificial intelligence, as well as signs of a recovery in the PC market.  ( 19 min )
    Stock market news today: Dow sheds over 350 points as S&P 500 enters correction territory
    The Federal Reserve's preferred inflation metric showed prices continued to cool in September.  ( 46 min )
    Dow sheds over 360 points as S&P 500 enters correction territory
    The Federal Reserve's preferred inflation metric showed prices continued to cool in September.  ( 46 min )
    San Francisco CEO who’s closing his $215 million company’s upscale office lounge says return-to-work push is ‘fighting a losing war’
    Expensify’s David Barrett says his lounge flopped, and workers in offices “are likely going because they feel pressured to (either by their boss or their peers).”  ( 35 min )
    Ford, GM, and even Tesla are warning about the EV market
    Electric vehicle sales have hit a tipping point in the US.  ( 36 min )
    Bankman-Fried Says He Repeatedly Asked Alameda to Hedge the Firm’s Risks
    FTX founder Sam Bankman-Fried testified Friday that he repeatedly asked former Alameda Research executives including former CEO Caroline Ellison to hedge the crypto trading firm’s risks. Hedging is a way to reduce the risks of an investment by buying or selling another asset. Since late 2021, Bankm  ( 22 min )
    The 'Magnificent 7' stocks are struggling, shedding a staggering $1.2 trillion in market value since US equities peaked in July
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    Gold Jumps Past $2,000 as Israel-Hamas Clash Raises Haven Allure
    (Bloomberg) -- Gold surged above $2,000 an ounce for the first time since May as concerns over conflict in the Middle East outweigh the impact of the recent jump in bond yields.Most Read from BloombergIsrael Latest: Iranian Minister Warns US Over Support of IsraelHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingEverything Apple Plans to Launch at Oct. 30 ‘Scary Fast’ Mac EventS&P 500 Extends Slide From Its July Peak to 10%: Markets WrapSpot gold rose as much as 1.2%  ( 34 min )
    The Best CD Rates From Big-Name Banks
    If you want to open a CD, and prefer sticking to a big bank with a household name, you have a good selection of competitive rates from some of the biggest banks right now.  ( 20 min )
    Ford, GM, Mercedes come clean on EV demand weakness
    Ford, General Motors and Mercedes-Benz all responded to concerns over waning demand for electric vehicles this week, as automakers navigate the EV push.  ( 35 min )
    Haslams say Warren Buffett's Berkshire wants to take money out of their pockets in truck stop deal
    The billionaire Haslam family says in a lawsuit that Warren Buffett and Berkshire Hathaway are trying to artificially depress the price the company is obligated to pay for the family's remaining 20% stake in the Pilot Travel Centers truck stop chain that Jim Haslam found. Berkshire has paid nearly $11 billion since 2017 for the first 80% of Pilot. Berkshire changed the accounting practices at Pilot this year after it acquired control of the company.  ( 35 min )
    Disney has 'a lot of work' to do but one analyst still sees 'some optimism' ahead
    Bank of America analyst Jessica Reif Ehrlich said the company's language surrounding streaming profitability and how quickly it can cut costs will be an important earnings focus this quarter.  ( 35 min )
    Bankman-Fried Says He Invested in Solana at 20 Cents
    FTX founder Sam Bankman-Fried testified Friday that he invested in the cryptocurrency solana at prices starting 20 cents per token. Bankman-Fried said he believes the money he used to fund the investment came from Alameda Research’s operating profits or third-party loans. The token, which is tradin  ( 22 min )
    3 REITs That Just Beat Analysts' Estimates
    Real estate investment trusts (REITs) have had a rough time this year, as higher interest rates and fears of a recession have weighed upon the share prices of the stocks. Analysts have been adjusting earnings estimates lower for some time. But REITs are reporting third-quarter earnings this week, and several are proving the consensus estimates wrong with better funds from operations (FFO) and revenue than expected. Take a look at three REITs that recently beat the Street estimates with improving  ( 35 min )
    It’s More Than Just a Worldline Hangover for Payment Stocks. Here’s What’s Going On.
    The French payments company cut its financial forecasts on Wednesday, hitting shares of PayPal and Block.  ( 19 min )
    Altria Stock Selloff Lifts Dividend Yield to Nearly 10%
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    Altria Selloff Over 3Q Results Seen as Overblown
    Altria Group's 3Q results weren't impressive, but they weren't bad enough to warrant the sharp selloff that brought the stock to a multiyear low on Thursday, Goldman Sachs analysts say in a research note. Cigarette volumes fell a higher-than-expected 11.6% and cigarette price increases of about 8.7  ( 16 min )
    Analyst Report: Flex Ltd
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    Analyst Report: Capital One Financial Corp.
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    Analyst Report: 3M Co.
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    Analyst Report: Avalonbay Communities Inc.
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    Analyst Report: Federated Hermes Inc
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    Analyst Report: Chipotle Mexican Grill
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    Tesla, EV Investors Face a Reckoning
    (Bloomberg) -- The electric-vehicle boom that spawned multibillion dollar startups overnight and pushed Tesla Inc.’s value into the stratosphere is starting to flounder just a few years after it began.Most Read from BloombergHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingUS Military Attacks Two Syrian Facilities It Says Linked to IranChina, US Release Dueling Videos With Accusations of ProvocationIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaA key t  ( 35 min )
    How to make an ultra-low-risk 5% return buying bonds
    Treasury bonds are offering the highest yields in 16 years. There are two main avenues you can use to lock in a nearly risk-free 5% return.  ( 34 min )
    U.S. Steel Projects Profits for 2024 as Bidders Circle
    United States Steel forecast a steady profit next year, jumping out with an unusually detailed outlook for 2024 as the company evaluates multiple bids for its business. CEO David Burritt said Fri  ( 24 min )
    UPS Is Adjusting to the New Labor Deal Math. So Is Its Stock.
    UPS stock has dropped as investors weighed the impact of higher wages on its earnings.  ( 22 min )
    U.S. Steel CEO notes 'serious interest from many highly credible bidders'
    United States Steel Corp. CEO David Burritt said the board was sorting through multiple opportunities in its strategic alternatives review, which has taken up the past three months behind the scenes at the Pittsburgh-based steelmaker.  ( 21 min )
    Bank of America Says Contrarian Buy Signal Could Push Stocks Higher; Here Are 2 Names the Banking Giant Likes Right Now
    Investors have had little to cheer about recently as the markets have struggled to shake off the grip of various factors pulling them down. These factors include the prospect of interest rates remaining elevated, concerns related to high yield bonds, an uptick in oil prices, and the ongoing conflict between Israel and the terrorist organization Hamas, all of which have played a role in dampening market activity. However, for investors seeking signs that the mood is about to change, Bank of Ameri  ( 36 min )
    Did You Buy I Bonds Last Year? Nov. 2 May Be Your Ideal Time to Cash Out
    If you bought I bonds when they were paying 9.62% last year, it may be smart to cash out, now that I bond rates have fallen. For some, the perfect withdrawal date is Nov. 2.  ( 22 min )
    Ken Griffin Building Billion-Dollar Palm Beach Home Located A Half-Mile from Donald Trump's Mar-a-Lago
    Ken Griffin, founder and CEO of hedge fund firm Citadel, is making headlines in the real estate world again. The Florida native continues to purchase homes and land in Palm Beach as he prepares to build one of the most expensive residences in the world. In 2019, Griffin made history by purchasing a New York City penthouse for $238 million — at the time the most expensive residential property transaction in the United States. Don’t Miss: You can now partially own mansions with $99. Join the ranks  ( 33 min )
    Ask an Advisor: I'm Way Behind on Retirement Savings. What Do I Do?
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    The Federal Government Will Match Your Retirement Plan Savings By 50%. Here's Who Qualifies.
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    Ask an Advisor: I Am 60 Years Old, Have $1.1M Cash, $880K in a 401(k), Several Pensions and Social Security. Should I Retire Now?
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    Nvidia and 2 Other Chip Stocks to Buy After Intel’s Earnings Beat
    Intel’s upbeat outlook contains good news for Nvidia, AMD, and ON Semi.  ( 22 min )
    Ask an Advisor: I'm 5 Years Away From RMDs But Recently Lost 30% of My 401(k). Should I Stay Aggressive to Regain My Losses or Rebalance?
    When I retired in September 2022, my 401(k) was invested aggressively (90/10 split between stocks to bonds) and lost approximately 30%. I left the 401(k) invested in mutual funds in hopes it would gain back some of the losses. A year later it has gained back approximately 20%. I'm not required to take RMDs for […] The post Ask an Advisor: I’m 5 Years Away From RMDs But Recently Lost 30% of My 401(k). Should I Stay Aggressive to Regain My Losses or Rebalance? appeared first on SmartReads by Smart  ( 35 min )
    Chevron Slump Cuts $6.5 Billion From Deal for Hess Holders
    (Bloomberg) -- Chevron Corp.’s post-earnings selloff shrank the value of its all-stock offer for Hess Corp. by roughly $6.5 billion.Most Read from BloombergHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaUS Military Attacks Two Syrian Facilities It Says Linked to IranChina, US Release Dueling Videos With Accusations of ProvocationChevron slumped as much as 5.9% on Friday after posting a massive 66-cent pe  ( 33 min )
    USD/JPY Weekly Price Forecast – US Dollar Gives Up Early Gains for the Week
    The US dollar initially shot above the ¥150 level during the course of the week, but then gave back gains to show signs of hesitation.  ( 33 min )
    Solar Woes Deepen After Enphase Stock Plunges to Three-Year Low
    Enphase Energy (ENPH) stock tumbled, another sign of trouble in the solar business and the broader clean-energy industry. Late Thursday, Enphase, which makes solar inverters and batteries, projected revenue for the current quarter that fell well below  ( 24 min )
    Dow Jones Falls 175 Points On Key Inflation Data; Amazon Stock Surges On Earnings
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    Sam Bankman-Fried Recounts His Biggest Mistake at FTX
    FTX founder Sam Bankman-Fried testified Friday that his largest mistake was not having a dedicated risk management team and a chief risk manager at FTX. The result was no oversight for the bankrupt crypto exchange.  ( 22 min )
    Intel’s CEO Talks Foundry Strategy, Operating in Israel, and Leading a ‘Faith-Friendly’ Company
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    Roblox upgraded, Bristol Myers downgraded: Wall Street's top analyst calls
    Roblox upgraded, Bristol Myers downgraded: Wall Street's top analyst calls  ( 36 min )
    Fed's preferred inflation gauge shows biggest monthly jump since May
    "Core" PCE, which excludes the volatile food and energy categories, grew 3.7% in September from the year-earlier period, down from a revised 3.8% in August  ( 35 min )
    Amazon beats Q3 earning estimates, touts AI as the future
    Amazon reported its Q3 earnings after the bell. Here's how the e-commerce giant fared.  ( 34 min )
    Amazon beats earning estimates, touts AI as the future
    Amazon reported its Q3 earnings after the bell. Here's how the e-commerce giant fared.  ( 34 min )
    Charter Earnings Top Estimates. Why the Stock Is Dropping.
    Charter stock was dropping after revenue came in light. Disney standoff was a problem, too.  ( 19 min )
    Stock market news today: Nasdaq, S&P 500 higher as Amazon shines, inflation continues cooling
    The Federal Reserve's preferred inflation metric showed prices continued to cool in September — a critical data point the Federal Reserve will consider as it weighs its next interest rate decision on Nov. 1.  ( 37 min )
    U.S. consumers are ‘walking towards a cliff’ and the jobs market is beginning to ‘fray at the edges,’ warns market strategist
    Chris Watling, founder and CEO of Longview Economics, believes the U.S. economy is headed for “tough times.”  ( 33 min )
    This Mortgage REIT Sports a Giant Yield. Consider the ‘Toxic Frog’ Problem Before Jumping In.
    Mortgage REITS often have high dividends but can be vulnerable to swings in interest rates.  ( 31 min )
    Is Verizon A Buy Amid Progress In 5G Network Buildout?
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    AbbVie Stock Slips As Humira Struggles Continue, But Drugmaker Raises Outlook
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    US Core PCE Prices Jump Most in Four Months as Spending Picks Up
    (Bloomberg) -- The Federal Reserve’s preferred measure of underlying inflation accelerated to a four-month high in September and consumer spending picked up, keeping the door open to another interest-rate hike in the months ahead.Most Read from BloombergChina’s Ex-Premier Li Keqiang, a Reformer Sidelined by Xi, DiesHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaTech Giants Signal Rebound as Amazon, Intel  ( 34 min )
    Sanofi Crashes 16% As Third Quarter Comes In Light Ahead Of Spinoff
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    Stock market news today: Futures rise as Amazon shines, inflation continues cooling
    The Federal Reserve's preferred inflation metric showed prices continued to cool in September — a critical data point the Federal Reserve will consider as it weighs its next interest rate decision on Nov. 1.  ( 36 min )
    PCE inflation stays higher than Fed wants amid brisk consumer spending
    An inflation gauge that is closely monitored by the Federal Reserve showed price increases remained elevated in September amid brisk consumer spending and strong economic growth. Friday’s report from the Commerce Department showed that prices rose 0.4% from August to September, the same as the previous month. September’s month-to-month price increase exceeds a pace consistent with the Fed’s 2% annual inflation target, and it compounds already higher costs for such necessities as rent, food and gas.  ( 33 min )
    Exxon Raises Dividend After Posting $9.1 Billion Profit
    Exxon Mobil raised its dividend and said it was benefiting from high refining throughput and crude oil prices. However, Wall Street fears that the oil major’s growth plan carries risks.  ( 27 min )
    T. Rowe beats profit estimates on higher fee-based income
    The upbeat results at the investment manager reflect the strong rebound in markets this year, bolstered by expectations that the Federal Reserve can engineer a soft landing — a scenario where growth slows enough to get inflation under control, without a recession. Total assets under management at the end of the quarter was $1.35 billion, up 9.5% over the year earlier. Investment advisory fees were up 1.5% at $1.46 billion in the quarter, T. Rowe said.  ( 33 min )
    Jamie Dimon to Sell JPMorgan Stock for First Time, a Very Un-Buffett Like Move
    Jamie Dimon, who has a net worth of about $2 billion, will unload about 1 million shares of JPMorgan stock.  ( 23 min )
    AbbVie’s Humira Sales Sink 36% but Guidance Lifted on Growth From Other Drugs
    AbbVie raises its earnings guidance for fiscal 2023.  ( 19 min )
    Exxon Mobil, Chevron See Third-Quarter EPS Slip More Than 40% As Companies Stress Acquisitions
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    The Dreaded Market Crash Is Already Here For 14 Stocks
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    Ford’s Cost Problem Isn’t Just About EVs
    Ford’s gas-engine business is also costing more than it should—a difference from crosstown rival General Motors that investors are ignoring at their peril.  ( 29 min )
    Amazon’s Earnings Were Stronger Than Expected. Rivian Helped.
    The impact of changes in Rivian's stock price on Amazon's earnings is getting smaller.  ( 21 min )
    AbbVie takes $2.1 billion charge on cancer drug ahead of US price negotiation
    No content preview  ( 33 min )
    Exxon Raises Dividend After Posting $9.1 Billion Profit
    Exxon Mobil raised its dividend and said it was benefiting from high refining throughput and crude oil prices. However, Wall Street fears that the oil major’s growth plan carries risks  ( 27 min )
    U.S. Steel Beats Wall Street’s Earnings Estimates. The Stock Is Stuck.
    U.S. Steel reported third quarter Ebitda of $578 million. Wall Street was looking for $554 million.  ( 23 min )
    Columbia company to undertake reverse stock split as delisting deadline looms
    The reverse stock split will take place just one day before a Nasdaq deadline to raise its share price above a $1 threshold.  ( 20 min )
    Analyst Report: United Rentals, Inc.
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    Analyst Report: RTX Corp.
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    Analyst Report: Dow Inc
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    Analyst Report: International Business Machine
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    Analyst Report: Elevance Health Inc
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    Analyst Report: Hawaiian Holdings, Inc.
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    Analyst Report: Harley-Davidson, Inc.
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    Dimon Plans to Sell $141 Million Worth of JPMorgan Shares
    (Bloomberg) -- JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon and his family intend to sell 1 million of the lender’s shares for financial diversification and tax-planning purposes.Most Read from BloombergChina’s Ex-Premier Li Keqiang, a Reformer Sidelined by Xi, DiesIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaTech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingChina, US Release D  ( 33 min )
    Stock market news today: US futures rise as Amazon shines, key inflation data ahead
    The update to PCE — the Fed's preferred inflation gauge — will set expectations around whether a rate hike is coming.  ( 34 min )
    Daily Spotlight: Fed's Favorite Inflation Indicator Out Today
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    Technical Assessment: Bearish in the Intermediate-Term
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    Apple Stock Is Struggling on iPhone Gloom. Now It Faces Another Device Headache.
    Apple faces a potential import ban on certain models of its smartwatch.  ( 21 min )
    Chevron Stock Falls After Big Earnings Miss
    Chevron’s third-quarter earnings fall well short of Wall Street estimates but revenue beats expectations.  ( 23 min )
    Exxon posts $9.1 billion net, down from year-ago, up 15% from 2Q
    Exxon Mobil Corp on Friday posted a $9.1 billion third-quarter profit, an about 54% drop from record earnings a year ago but up from the prior quarter as oil prices recovered. Earnings at the largest U.S. oil producer have benefited from strong crude oil prices and demand for gasoline and diesel following the pandemic. Third quarter profit was $2.25 a share compared to $4.68 in the same quarter a year ago when oil and gas prices climbed following Russia's invasion of Ukraine.  ( 33 min )
    Exxon raises dividend after free cash flow soars more than expected
    (Bloomberg) -- Exxon Mobil Corp. boosted dividends more than expected and posted a surprise cash flow increase, reaping the benefits of strengthening crude prices and US oil-refining margins.Most Read from BloombergChina’s Ex-Premier Li Keqiang, a Reformer Sidelined by Xi, DiesIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaTech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingChina, US Release D  ( 34 min )
    Chevron's third-quarter profit slumps, shares fall on earnings miss
    Chevron on Friday reported a fall in third-quarter profit despite higher oil prices, days after agreeing to buy smaller U.S. rival Hess Corp for $53 billion. The oil major posted a net profit of $6.5 billion, or $3.48 per share, compared to $11.2 billion or $5.78 per share, in the same period last year.  ( 32 min )
    Sam Bankman-Fried acknowledges 'mistakes' but testifies he did not defraud anyone
    Sam Bankman-Fried is expected to take the stand on Friday at his fraud trial in New York on charges of looting billions of dollars in customer funds from his now-bankrupt FTX cryptocurrency exchange. Bankman-Fried started testifying on Wednesday at an unusual hearing outside the jury's presence. U.S. District Judge Lewis Kaplan asked him to preview his testimony about the involvement of lawyers in key decisions at the heart of the case so he could decide whether it was admissible as evidence.  ( 33 min )
    Futures gain on Amazon, Intel boost; key inflation data awaited
    Intel gained 7.9% after forecasting fourth-quarter revenue and margins above estimates as the chipmaker was optimistic about a rebound in personal computer sales, improved data center business and demand for manufacturing services. Megacap tech and tech-adjacent stocks including Microsoft, Meta Platforms, Tesla and Alphabet gained between 0.7% and 2.1% as U.S. Treasury yields dropped after Thursday's weaker-than-expected U.S. inflation and disposable income data. Investor focus will be on personal consumption expenditure for September, the Federal Reserve's preferred inflation metric, at 8:30 a.m. ET for more clarity on the monetary policy outlook.  ( 33 min )
    Never Mind the 1%. Mini-Millionaires Are Where Wealth Is Growing Fastest.
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    Sanofi shares sink on lower profit outlook and consumer unit split
    French drugmaker says it will probably list its consumer care division  ( 6 min )
    BofA Strategist Hartnett Sees Risk of S&P 500 Dropping 5% More From Here
    (Bloomberg) -- The S&P 500 is at risk of dropping another 5% after the index fell below a key technical level this week, according to Bank of America Corp.’s Michael Hartnett.Most Read from BloombergChina’s Ex-Premier Li Keqiang, a Reformer Sidelined by Xi, DiesIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaTech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingControversial Chip in Huawei Phone  ( 34 min )
    Sanofi Plans to Spin Off Consumer-Healthcare, Pharma Businesses
    The move makes Sanofi the latest drugmaker to sharpen its focus on prescription medicines by offloading adjacent businesses.  ( 29 min )
    Weight-loss drugs in spotlight as pharma services firms rush to snap up business
    Soaring demand for obesity drugs was in the spotlight at the world's largest trade show for the pharmaceutical services industry this week, as it fuels a boom for firms that fill and assemble the self-injection pens. A surge in sales of Novo Nordisk's drug Wegovy, which launched in the United States in mid-2021, has propelled the Danish drugmaker to become Europe's most valuable company. U.S. rival Eli Lilly has become the world's most valuable healthcare firm this year as demand for its diabetes drug Mounjaro surges ahead of approval for its use as a weight-loss treatment in the United States, expected by the end of this year.  ( 34 min )
    Air France-KLM’s Revenue, Profit Miss Forecasts Despite Strong Summer Demand
    Air France-KLM said strong demand for air travel during the summer pushed revenue and profit higher in the third quarter, but not enough to meet forecasts as the group grapples with lingering inflation and high fuel prices.  ( 27 min )
    It’s Time to Stop Crying About Bonds and Buy Them Instead
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    Microsoft’s Cloud Recovery Is Outshining Rivals Amazon, Google
    (Bloomberg) -- In the race to rebound from a two-year slowdown in spending on cloud computing, Microsoft Corp. is pulling ahead of its chief rivals, Amazon.com Inc. and Google. Most Read from BloombergLi Keqiang, China’s Second-Most Powerful Man for a Decade, Dies at 68Tech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaControversial Chip in Huawei Phone Produced on ASML MachineUS Economy Grew at a 4.9% Pace Last Quarter, Fa  ( 36 min )
    Dow Jones Futures Rise As Amazon Jumps After Market Correction Intensifies
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    With Yields Above 5%, Some Investors Say It's Safe to Start Buying Bonds Again
    (Bloomberg) -- Embattled debt investors like the look of 5% Treasury yields as they weigh the risk-versus-reward scales for the world’s biggest bond market.Most Read from BloombergChina’s Ex-Premier Li Keqiang, a Reformer Sidelined by Xi, DiesIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaTech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingControversial Chip in Huawei Phone Produced on ASML Ma  ( 34 min )
    The S&P 500 is on the verge of a technical breakdown. Here's the sell signal to watch for.
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    'Recessions always start with an economy that's been booming': An investing pioneer explains why he sees 50% chance of a downturn in 2024
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    China Selloff Threatens $27 Billion of ‘Snowball’ Derivatives
    (Bloomberg) -- Another 10% decline in a major Chinese equity gauge may trigger a wave of selling in index futures tied to structured products, adding fresh risks to the slumping stock market. Most Read from BloombergTech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapControversial Chip in Huawei Phone Produced on ASML MachineUS Economy Grew at a 4.9% Pace Last Quarter, Fastest Since 2021Israel Latest: Israel Says Key Planner of Oct. 7 Attacks KilledUPenn Fights Back Against Billionair  ( 34 min )
    The $200 billion playbook that kneecapped Big Tobacco is coming for Mark Zuckerberg and his social media offspring
    "Substitute algorithms for Joe Camel," says Fordham Law School professor Kenneth Rashbaum.  ( 37 min )
    Morgan Stanley Predicts at Least 70% Upside for These 2 High-Conviction Stocks — They Have Upcoming Catalysts and Strong Growth Prospects
    The Q3 earnings season is in full swing, and we’ve already seen the first wave of big tech results. Investors were not thrilled; Google parent Alphabet reported a slowdown in cloud revenues, and the stock market fell sharply on sentiment that Q3 earnings may not be as pretty as predicted. But the outlook is less cloudy for the coming year. In a recent note on current and coming conditions, investment bank Morgan Stanley notes that growth is expected to jump heading into next year: “For 3Q, conse  ( 37 min )
    Buffett's Berkshire is sued by Haslam family over Pilot truck stop takeover
    Warren Buffett's Berkshire Hathaway is being sued by the billionaire Haslam family, which accused the conglomerate of using improper accounting to devalue its remaining 20% stake in Pilot Travel Centers, the largest U.S. truck stop operator. The family, including Cleveland Browns football team owner Jimmy Haslam, sold Berkshire a 38.6% Pilot stake for $2.8 billion in 2017 and another 41.4% stake for $8.2 billion in January. According to a complaint made public on Thursday in Delaware Chancery Court, Berkshire has unilaterally and without consent adopted "pushdown" accounting rules that artificially reduce Pilot's earnings before interest and taxes, and "grossly" reduce how much the Haslams would receive if they sold their remaining stake.  ( 33 min )
  • Open

    S&P 500 Gains and Losses Today: Solar Stocks Plunge After Warning From Enphase
    The S&P 500 dropped 0.5% on Oct. 27, 2023, falling into correction territory as mixed earnings reports raised new concerns about a potential recession.  ( 1 min )
    Solar Power Stocks Sink as Enphase Energy Warns About Falling Demand
    Solar power stocks tumbled after Enphase Energy missed sales and profit estimates and warned that current quarter revenue will be well below forecasts.  ( 1 min )
    Amazon Shares Soar on Earnings Beat, Pulling Nasdaq Higher
    Shares of e-commerce giant Amazon soared Friday after a solid earnings beat, which helped lift the Nasdaq index from recent declines.  ( 1 min )
    Markets Mixed at Midday as Tech Sector Gets a Boost From Amazon
    U.S. equities were mixed at midday on Friday, Oct. 27, 2023, as the tech sector got a lift from Amazon, which beat profit and sales estimates.  ( 1 min )
    Dow Jones Today: Futures Mixed After Oil Giants Miss Earnings Estimates and Amazon Beats
    Stock futures were mixed in premarket trading Friday as tech stocks rebounded from a two-day sell-off after Amazon topped earnings estimates while oil giant's Chevron and Exxon weighed on energy.  ( 1 min )
    5 Things to Know Before Markets Open
    Chevron shares fell after the oil giant reported earnings that came in below estimates on lower commodity prices and Amazon shares surged as its web services division drove revenue higher. Here’s what investors need to know today.  ( 1 min )
  • Open

    Grow Your Financial Advisory Firm Fast with These Tips
    The best way to grow your financial advisory business quickly is to amp up the 'know,' the 'like' and the 'trust' factors.  ( 20 min )
    UN Launches Advisory Body to Boost International Cooperation on AI Governance
    The United Nations formed an advisory body to support greater international cooperation on the governance of artificial intelligence.  ( 17 min )
    Charter Loses Customers in Its Dispute With Disney and Shares Plunge
    Charter Communications' revenue missed forecasts after a fee dispute with Walt Disney that led to the temporary blackout of Disney channels on Charter's cable system.  ( 17 min )
    What Is a Wrap Account and Do You Need One?
    Wrap accounts—where brokerage account costs are "wrapped" into a single or fixed fee—are great if you wish to have a money manager take care of your assets. Charges are on a flat, quarterly, or annual basis, and cover administrative, research, advisory and management expenses.  ( 20 min )
    S&P 500 Gains and Losses Today: Solar Stocks Plunge After Warning From Enphase
    The S&P 500 dropped 0.5% on Oct. 27, 2023, falling into correction territory as mixed earnings reports raised new concerns about a potential recession.  ( 17 min )
    Loan Officer: Definition, What They Do, Benefits and Compensation
    A loan officer is a representative of a bank, credit union, or other financial institution who assists borrowers in the process of applying for loans.  ( 22 min )
    Will Interest Rates Go Even Higher? Fed Meeting Wednesday Could Provide Clues
    All eyes are on the Federal Reserve’s Wednesday meeting for hints about whether interest rates on all kinds of loans will remain at their highest in decades—or if they’ll go even higher.  ( 18 min )
    Top CD Rates Today: 6.50% for Smaller Deposits, or 6% for Larger Deposits
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union, 6.00% from Credit Human or Sandia Area Federal Credit Union, and 5.80% from Seattle Bank.  ( 19 min )
    Solar Power Stocks Sink as Enphase Energy Warns About Falling Demand
    Solar power stocks tumbled after Enphase Energy missed sales and profit estimates and warned that current quarter revenue will be well below forecasts.  ( 17 min )
    Intel Shares Pop After Foundry Revenue Quadrupled Amid Rising Demand for AI Chips
    Intel shares jumped Friday after the tech company’s third-quarter earnings beat estimates, in part driven by gains in its foundry business and surging interest in artificial intelligence, as well as signs of a recovery in the PC market.  ( 18 min )
    How to Give a Donor-Advised Fund (DAF) As a Gift
    When you give a donor-advised fund (DAF), you are setting your recipient up with financial resources to make a lasting charitable impact.  ( 29 min )
    Exxon and Chevron Earnings Slumped in Q3. Here's Why Investors Balked More At One.
    Shares of ExxonMobil and Chevron fell Friday after they reported third-quarter results, which highlighted why each made recent large acquisitions to boost their U.S. output.  ( 20 min )
    The Top 3 Chevron Shareholders
    The top shareholders of Chevron are Berkshire Hathaway/Warren Buffett, the Vanguard Group, BlackRock, Inc., and State Street Corporation.  ( 24 min )
    How Do Living Arrangements Impact SSI Benefits?
    When the federal government calculates how much SSI you will receive, they take into account your living arrangements.  ( 25 min )
    Can I Give Stock As a Gift?
    Stocks, bonds, and other securities can be transferred as gifts while benefiting the giver. There are tax and other issues to consider.  ( 26 min )
    Personal Loan vs. Mortgage
    A mortgage is a type of loan used to buy real estate, while personal loans are similar but aren’t restricted to real estate. Here’s what you need to know about a personal loan vs. a mortgage.  ( 26 min )
    The Best CD Rates From Big-Name Banks
    If you want to open a CD, and prefer sticking to a big bank with a household name, you have a good selection of competitive rates from some of the biggest banks right now.  ( 18 min )
    What Is a Gift in Trust, How Does It Work, Pros & Cons
    A gift in trust is an indirect way to give assets to a beneficiary and avoids the tax on gifts that exceed the annual gift tax exclusion.  ( 23 min )
    Ford Shares Tumble Amid Concerns About EV Slowdown and Higher Costs Following UAW Strike
    Ford shares tumbled Friday after third-quarter earnings fell short of estimates amid concerns about costs tied to the transition to electric vehicles and the automaker's tentative agreement with the United Auto Workers union.  ( 18 min )
    Amazon Shares Soar on Earnings Beat, Pulling Nasdaq Higher
    Shares of e-commerce giant Amazon soared Friday after a solid earnings beat, which helped lift the Nasdaq index from recent declines.  ( 17 min )
    What Is Market Sentiment? Definition, Indicator Types, and Example
    Market sentiment reflects the overall attitude or tone of investors toward a particular security or larger financial market.  ( 23 min )
    What Is EUV and How Does It Work?
    Extreme Ultraviolet Lithography is a relatively new technology that is used for printing intricate patterns unto semiconductor materials. Its extremely small wavelengths allows for finer etching of smaller features on chips.  ( 23 min )
    Will Student Loan Payment Refunds Actually Happen?
    The Supreme Court blocked the Biden-Harris administration's one-time student loan forgiveness plan. Is loan forgiveness off the table? New relief plans give a new avenue.  ( 25 min )
    How an Ether Futures ETF Works
    An ether futures ETF tracks the price of ether using derivatives contracts.  ( 28 min )
    Spot Bitcoin ETFs Explained: Everything You Need To Know
    A spot bitcoin ETF would hold actual bitcoins and track its movement for investors.  ( 25 min )
    Soft Loan: Meaning, Overview, Pros and Cons
    A soft loan is financing with no interest or a below-market rate of interest and lenient terms that is often offered to developing countries.  ( 23 min )
    Ether Futures ETF: how it works
    Ether futures ETFs enable investors to speculate on the value of the cryptocurrency through their brokerage accounts.  ( 21 min )
    Why Are My Bond ETFs Losing Money and What Should I Do?
    Bond ETFs Offer Easy, Diversified Exposure to Fixed-Income Markets, but Increasing Interest Rates Can Send Their Prices Down  ( 23 min )
    Exploring the Pros and Cons of Crypto ETFs
    An in-depth look at cryptocurrency ETFs, their market implications, and the opportunities and risks they present.  ( 22 min )
    Parlay Bet: What It Is and How It Works
    A parlay bet is common in sports betting and is made up of two or more individual wagers. Combining bets makes them harder to win but increases their payout.  ( 24 min )
    What Are Gift Taxes?
    If you're not sure what gift taxes are, read on and we'll explain.  ( 25 min )
    Inflation Drives Consumer Sentiment Lower
    University of Michigan's measure of consumer sentiment fell after two steady months on increased worries from high earners and elevated inflation expectations.  ( 17 min )
    Investopedia’s New Retirement Guide Magazine Will Help You Plan Where, How To Retire
    Investopedia’s updated special edition print Retirement Guide explores where to retire, wealth-building strategies for every age, and how to make your money last.  ( 17 min )
    How to Give Gold or Silver As a Gift
    Gold and silver are beautiful, sought-after precious metals. They can make a valuable and meaningful gift. But there are some important considerations to keep in mind.  ( 28 min )
    Chevron Shares Drop as Lower Oil Prices, Higher Costs Drag Down Earnings
    Chevron shares fell after the energy giant posted worse-than-expected earnings on lower oil prices and higher costs.  ( 17 min )
    ExxonMobil's Profit Plunges from 2022 Record on Lower Oil, Gas Price Realizations
    ExxonMobil profit fell sharply from last year's all-time high on drops in oil and natural gas price realizations.  ( 17 min )
    Markets Mixed at Midday as Tech Sector Gets a Boost From Amazon
    U.S. equities were mixed at midday on Friday, Oct. 27, 2023, as the tech sector got a lift from Amazon, which beat profit and sales estimates.  ( 16 min )
    Home Equity Loans and College Financial Aid
    A home equity loan affects your eligibility for college financial aid, depending on the assessment tool that your chosen college uses.  ( 24 min )
    Special Needs Trust vs. ABLE Account: What's the Difference?
    Both ABLE accounts and special needs trusts (SNTs) give people with disabilities a way to save money tax-free, but there are important differences.  ( 28 min )
    Consumer Spending Is Burning Through Savings As Paychecks Fail To Keep Up
    If the numbers on your receipts got bigger, and your bank account balance got smaller in September, you’re not alone, according to a monthly government report.  ( 20 min )
    30-Year Mortgage Rates Holding Below Last Week's Peak
    Although 30-year mortgage rates edged higher, the climb was slight and the 30-year average is holding its ground in a range cheaper than last week's historic peak.  ( 19 min )
    Did You Buy I Bonds Last Year? Nov. 2 May Be Your Ideal Time to Cash Out
    If you bought I bonds when they were paying 9.62% last year, it may be smart to cash out, now that I bond rates have fallen. For some, the perfect withdrawal date is Nov. 2.  ( 20 min )
    Investopedia’s 2023 Personal Loan Borrower Survey
    We surveyed 962 existing and potential personal loan borrowers, and more people said they sought a personal loan for debt consolidation than for any other purpose.  ( 20 min )
    How to Give Stocks as a Holiday Gift
    The best gifts are usually those that not only offer lasting value but have the potential to appreciate in value for years to come. On that basis, stocks are pretty hard to beat.  ( 28 min )
    How to Evaluate Your 401(k) Options
    Not all 401(k) funds are created equal. In this guide, we’ll explain how to compare them.  ( 24 min )
    Form W-4: What It Is and How to File
    Form W-4 determines how much tax your employer will withhold from your paycheck, so ensure it is filled out correctly.  ( 26 min )
    What Is a W-9 Form? Who Can File and How to Fill It Out
    Form W-9 is an Internal Revenue Service form which is used to confirm a person's taxpayer identification number (TIN).  ( 34 min )
    Premium Tax Credit: What it Means, How it Works
    See whether you qualify for a refundable tax credit to help pay for health insurance premiums—and what you need to do to obtain it.  ( 28 min )
    How to Help Your Child Buy a Home
    Helping your child to buy a home⁠⁠ has upsides and downsides to keep in mind. Learn about the best ways to help your child own own a home and how to avoid mistakes.  ( 29 min )
    Home Equity Loan Prepayment Penalties
    Some home equity loans have fees for early repayment. In this guide, we'll explain what that means for you.  ( 23 min )
    Social Security Explained: How It Works, Types of Benefits
    Social Security provides benefits to retirees, survivors, and disabled workers. How much you receive depends on your age and income. Learn how Social Security works.  ( 30 min )
    What Is an S Corp?
    An S corp meets IRS rules to be taxed under Chapter 1, Subchapter S of the Internal Revenue Code. Learn if an S corp is better than an LLC and more.  ( 29 min )
    5 Things to Know Before Markets Open
    Chevron shares fell after the oil giant reported earnings that came in below estimates on lower commodity prices and Amazon shares surged as its web services division drove revenue higher. Here’s what investors need to know today.  ( 18 min )
    International COVID-19 Economic Stimulus and Relief
    From stimulus checks to quantitative easing, here’s what governments and central banks are doing around the world to provide stimulus and relief.  ( 90 min )
    A Look at One of the Largest Sustainable Investing ETFs
    Investors seeking a virtuous approach should consider a socially responsible exchange-traded fund (ETFs).  ( 22 min )
    CDs vs. ETFs: What's the Difference?
    Should you invest in a certificate of deposit or an exchange-traded fund? In this guide, we'll take you through both options.  ( 25 min )
  • Open

    Intel Shares Pop After Foundry Revenue Quadrupled Amid Rising Demand for AI Chips
    Intel shares jumped Friday after the tech company’s third-quarter earnings beat estimates, in part driven by gains in its foundry business and surging interest in artificial intelligence, as well as signs of a recovery in the PC market.  ( 1 min )
    Exxon and Chevron Earnings Slumped in Q3. Here's Why Investors Balked More At One.
    Shares of ExxonMobil and Chevron fell Friday after they reported third-quarter results, which highlighted why each made recent large acquisitions to boost their U.S. output.  ( 1 min )
    ExxonMobil's Profit Plunges from 2022 Record on Lower Oil, Gas Price Realizations
    ExxonMobil profit fell sharply from last year's all-time high on drops in oil and natural gas price realizations.  ( 1 min )
  • Open

    Minimumloon in Caribisch Nederland gaat met minstens 300 dollar omhoog
    Het kabinet verhoogt het minimumloon en de uitkeringen op Bonaire, Sint-Eustatius en Saba. Vooral voor Bonaire is dat goed nieuws. Daar is het minimumloon nu 1.236 Amerikaanse dollar (1.169 euro). Het nieuwe minimumloon wordt 1.750 dollar (1.654 euro).  ( 10 min )
    NU+ | Lezers over thuiswerken: 'Praatjes interesseren mij niet'
    Ook nu de coronapandemie voorbij is, werken veel Nederlanders nog regelmatig vanuit huis. Ongeveer een derde van de werkenden werkt gemiddeld zo’n 6,8 uur per week thuis. Op ons discussieplatform NUjij deelden veel lezers hun ervaringen.  ( 10 min )
    NS zet vijf nieuwe statiegeldautomaten neer op stations waar al één staat
    De NS plaatst meer statiegeldautomaten op de vijf treinstations waar al inleverautomaten staan. Op dit moment staan er twaalf van zulke automaten op de centrale stations van de vier grote steden en Eindhoven Centraal. Dat worden er zeventien.  ( 9 min )
    Gevallen cryptokoning Bankman-Fried geeft fouten toe, maar ontkent fraude
    Sam Bankman-Fried, de van fraude verdachte oprichter van de failliete cryptobeurs FTX, heeft voor het eerst zijn verhaal gedaan. Hij probeerde de rechter ervan te overtuigen dat advocaten nauw betrokken waren bij de beslissingen die hebben geleid tot de ondergang van FTX.  ( 9 min )
    MediaMarkt wil acht winkels overnemen van failliet BCC
    Een deel van de failliete elektronicaketen BCC komt waarschijnlijk in handen van MediaMarkt. Het concern wil acht van de in totaal bijna zestig BCC-winkels overnemen, meldt toezichthouder ACM.  ( 8 min )
    Bestelbusjes flink in trek: verkoop met ruim 20 procent toegenomen
    De verkoop van nieuwe bestelbusjes is flink aangetrokken. De afgelopen negen maanden zijn er in Nederland bijna 54.000 exemplaren verkocht, ruim 20 procent meer dan een jaar eerder.  ( 9 min )
    Indonesisch vliegtuig maakt eerste passagiersvlucht op kerosine met palmolie
    Een Indonesisch passagiersvliegtuig heeft vrijdag voor het eerst op een brandstofmengsel van kerosine en palmolie gevlogen. Indonesië is de grootste palmolieproducent ter wereld en wil fossiele brandstoffen vaker gaan vervangen door biobrandstof.  ( 8 min )
    Pink tax lijkt achterhaald: mannen zijn regelmatig duurder uit bij de drogist
    Veel op vrouwen gerichte producten zouden duurder zijn dan vergelijkbare artikelen voor mannen, is de overtuiging bij het fenomeen pink tax. Zo wordt algemeen aangenomen dat vrouwen meer betalen voor scheermesjes, scheergels en doucheproducten dan mannen. Maar geregeld is juist het omgekeerde het geval.  ( 11 min )
    Noodlijdende supermarkt Pieter Pot vraagt klanten deel van het bedrijf te kopen
    De verpakkingsvrije online supermarkt Pieter Pot doet een nieuwe poging om zijn geldproblemen op te lossen. Klanten kunnen een deel van het bedrijf kopen. De super hoopt daarmee 3 miljoen euro op te halen.  ( 10 min )
    Succesvolle zomer levert Air France-KLM recordwinst op in derde kwartaal
    Air France-KLM heeft afgelopen zomer zijn beste kwartaal ooit beleefd. De vraag naar vliegtickets was groot en de vliegtuigen zaten voller. Dat leverde het bedrijf een operationele winst van 1,3 miljard euro op.  ( 10 min )
    Tesla stopt met prijsstunten in China en schroeft de prijzen weer op
    Tesla heeft de recente prijsverlaging in China weer teruggedraaid. De Amerikaanse elektrische autofabrikant, die een grote fabriek heeft in Shanghai, verhoogde de prijs van zijn Model Y Performance SUV met ongeveer 2.000 dollar (zo'n 1.900 euro). De prijsverlaging van augustus werd daarmee weer ongedaan gemaakt.  ( 3 min )
    Pink tax lijkt achterhaald: ook mannen zijn weleens duurder uit bij de drogist
    Veel op vrouwen gerichte producten zouden duurder zijn dan vergelijkbare artikelen voor mannen, is de overtuiging bij het fenomeen pink tax. Zo wordt algemeen aangenomen dat vrouwen meer betalen voor scheermesjes, scheergels en doucheproducten dan mannen. Maar geregeld is juist het omgekeerde het geval.  ( 11 min )

  • Open

    Enphase Tumbles on Revenue Drop Amid ‘Substantial’ Demand Hit
    (Bloomberg) -- Shares of solar equipment-maker Enphase Energy Inc. slumped after the company reported lower revenue amid a “substantial” drop in US and European demand that will likely last into next year.Most Read from BloombergTech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapControversial Chip in Huawei Phone Produced on ASML MachineUS Economy Grew at a 4.9% Pace Last Quarter, Fastest Since 2021Israel Latest: Israel Says Key Planner of Oct. 7 Attacks KilledWhat Happened Inside Mo  ( 33 min )
    Intel Jumps After Upbeat Forecast Shows Comeback Is Underway
    (Bloomberg) -- Intel Corp. surged in late trading after predicting a return to sales growth in the fourth quarter, fueled by an improving personal computer market and a more competitive product line. Most Read from BloombergLi Keqiang, China’s Second-Most Powerful Man for a Decade, Dies at 68Tech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapIsrael Latest: Rocket Hits Egyptian Town; Oct. 7 Planner KilledControversial Chip in Huawei Phone Produced on ASML MachineUS Economy Grew at a 4  ( 35 min )
    Amazon beats earning estimates, touts AI as the future of its financials
    Amazon reported its Q3 earnings after the bell. Here's how the e-commerce giant fared.  ( 34 min )
    Amazon beats earning estimates, touts AI as the future of the cloud
    Amazon reported its Q3 earnings after the bell. Here's how the e-commerce giant fared.  ( 34 min )
    Ron DeSantis Called Out For Florida's Severe Insurance Crisis As Rates Triple The National Average: 'Floridians Are Getting Absolutely Crushed'
    Floridians are grappling with a severe insurance crisis exacerbated by policy decisions from the DeSantis administration, according to a recent report from the American Federation of Teachers (AFT). The union, which advocates for fairness, democracy and quality public education, found that homeowner insurance rates in the Sunshine State are nearly triple the national average. "Floridians are getting absolutely crushed by insurance rate hikes," an industry analyst said, pointing to an urgent need  ( 33 min )
    Berkshire Sued for Changing Accounting Rules in $10 Billion Pilot Acquisition
    (Bloomberg) -- Warren Buffett’s Berkshire Hathaway faces accusations it violated the terms of a more than $10 billion acquisition of truck-stop-chain Pilot Travel Centers by changing the accounting methods used to value part of the deal, according to an unsealed lawsuit. Most Read from BloombergQQQ Rally Wanes as Amazon Whipsaws After Earnings: Markets WrapControversial Chip in Huawei Phone Produced on ASML MachineUS Economy Grew at a 4.9% Pace Last Quarter, Fastest Since 2021Israel Latest: Isra  ( 34 min )
    Top CD Rates Today: It's Easy to Earn 5.75%, 6%, or Even 6.50%
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union, 6.00% from Credit Human or Sandia Area Federal Credit Union, and 5.80% from Seattle Bank.  ( 21 min )
    Chipotle beats earnings as price hikes help offset higher food costs
    The fast casual chain is well liked among Wall Street.  ( 34 min )
    Enphase Stock Plunges as Guidance Points to More Trouble for Solar Power
    Enphase Energy predicted fourth-quarter sales of $300 million to $350 million, while analysts had expected $579 million.  ( 20 min )
    Vale Unveils $4 Billion in Dividends, Buyback Program to Reward Investors
    (Bloomberg) -- Vale SA said it will reward investors with payouts and a new share buyback program as the Brazilian iron ore and nickel giant vies to appease shareholders concerned by softening Chinese demand.Most Read from BloombergChina’s Ex-Premier Li Keqiang, a Reformer Sidelined by Xi, DiesIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaTech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingCo  ( 34 min )
    Amazon earnings beat estimates on sales but miss target for cloud
    Amazon reported its Q3 earnings after the bell. Here's how the ecommerce giant fared.  ( 34 min )
    IBM Stock Rises As 'Solid Print' Evades Tech Earnings Gloom
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    Dexcom Surges 15% After Shrugging Off Weight-Loss Woes In Boosted Outlook
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    Binance Founder CZ Loses $12 Billion on Crypto-Trading Slump
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    Amazon earnings: Beats estimates on sales, but misses target for cloud
    Amazon reported its Q3 earnings after the bell. Here's how the e-commerce giant fared.  ( 33 min )
    Exxon Is Pumping More and More Oil. Why Investors Are So Wary.
    Profits a year ago befitted from high prices due to the war in Ukraine.  ( 24 min )
    Intel Reports Strong Earnings. The Stock is Rising.
    Intel reported revenue of $14.2 billion, ahead of Wall Street's $13.6 billion estimate.  ( 21 min )
    Warren Buffett dumped a bunch of bank stocks before their epic tumble this year, escaping some major pain
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    Intel beats expectations as margins rise, manufacturing momentum builds
    Intel forecast fourth-quarter revenue above Wall Street estimates on Thursday, optimistic of a healthy rebound in client orders for its chips after a several-quarters-long inventory buildup in the PC market eased. The company forecast adjusted current-quarter revenue in the range of about $14.6 billion to $15.6 billion, compared with an estimate of $14.35 billion, according to LSEG data.  ( 31 min )
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    Arista Networks Tumbles On Meta Capital Spending Outlook
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    Nasdaq leads stock slide as Big Tech comes under pressure
    Stocks are struggling under the weight of disappointing Big Tech earnings and rising bond yields.  ( 46 min )
    Dow Jones Dips As Magnificent 7 Get Hit; Meta Stock Plunges On This Israel-Hamas Warning
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    Former FTX Lawyer Set Up Bank Account for Customer Funds, SBF Says
    FTX founder Sam Bankman-Fried testified that former chief regulatory officer, Daniel Friedberg, was responsible for setting up the bank account that routed FTX customer deposits to sister hedge fund Alameda Research. Friedberg worked with law firm Fenwick & West to draft the incorporation documents  ( 22 min )
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    Disappointment over tech earnings, high bond yields, and concern about the outlook for the price of oil are all hitting stocks.  ( 25 min )
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    Altria is seeing illegal electronic vaping devices smoke out part of its customer base. CFO Sal Mancuso says on a call with analysts that cigarette industry volumes were down even more than usual in the third-quarter. Part of that was because of inflation and economic factors weighing on customers,  ( 16 min )
    Siemens Energy Stock Plummets on Wind Power Worries. What GE Investors Need to Know.
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    Joe Biden is taking a victory lap after the latest blowout GDP report and says the much-feared recession is canceled, but Wall Street is dubious
    The Biden Administration celebrated the surge in U.S. GDP growth Thursday, but economists and analysts warn it could be the last hurrah for an ailing economy.  ( 34 min )
    With mortgage rates soaring, taking over existing mortgages is gaining steam
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    S&P 500 Teeters on Brink of Correction as Technicals Break Down
    (Bloomberg) -- The rout in US stocks has brought the S&P 500 Index to a crucial inflection point. It’s teetering near a correction after breaching 4,200 for the first time since May — a key technical level that may point to a longer-term selloff.Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachineApple Plans AirPods Overhaul With New Low- and High-End Models, USB-C HeadphonesUS Economy Grew at a 4.9% Pace Last Quarter, Fastest Since 2021S&P 500 Declines 1% as US St  ( 35 min )
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    Boomers won the housing market and millennials got screwed, BofA says. ‘Everyone locked in 3% mortgage rates, except Millennials’
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    Stocks are struggling under the weight of disappointing Big Tech earnings and rising bond yields.  ( 44 min )
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    Apple. Microsoft, Nvidia, Tesla, Meta, Alphabet, and Amazon are all sliding Thursday.  ( 19 min )
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    More than a dozen witnesses have taken the stand to testify against Sam Bankman-Fried over the past three weeks. One by one, they have built on each others’ testimony, painting to the jury a picture of a crypto executive who lied to lenders and investors, doctored balance sheets and spent billions i  ( 25 min )
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    The agreement gives workers a 25% raise over the course of the contract and puts pressure on its Detroit rivals.  ( 30 min )
    Warren Buffett's company joins oil-buying frenzy this week by resuming its Occidental Petroleum buys
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    Mercedes has said electric car makers face a “brutal” market as competitors slash their prices and wealthy customers tighten their belts.  ( 32 min )
    Can I Protect My Parents' Assets From Nursing Homes?
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    Ask An Advisor: I'm 65, Earning at My ‘Absolute Peak' and Won't Retire Soon. Should I Use My Roth IRA for a $30K Home Improvement Project?
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    Ubisoft confirms guidance after Q2 revenue beat, headcount drops
    French video game producer Ubisoft confirmed on Thursday its guidance for the current financial year, as the company expressed confidence in its line-up after it beat its net booking estimate for the second quarter. Ubisoft, which has been dogged by game cancellations and delays, reiterated its forecast of a full-year non-IFRS operating income around 400 million euros, without releasing the other large game it had initially planned to launch during the last quarter of the current fiscal year.  ( 33 min )
    PayPal, Square Stocks Face a Moment of Reckoning After Worldline Panic
    PayPal and Block's stock reaction after a macroeconomic warning from France's Worldine shows how fear has gripped the payments sector.  ( 31 min )
    Comcast stock drops after company reports surprise loss in broadband subscribers
    Comcast reported a surprise loss of broadband subscribers in the third quarter — despite reporting a beat on both the top and bottom lines. The report sent its stock plunging.  ( 34 min )
    Amazon’s Earnings Are Coming Today. Here’s What to Expect
    Amazon.com shares edged lower ahead of the e-commerce giant’s quarterly results, set for release after the close. Amazon will be the latest of the “Magnificent Seven”—the Big Tech firms that have driven  ( 24 min )
    Amazon earnings preview: Cloud growth under watch
    The ecommerce giant will be under pressure to show numbers in its cloud business.  ( 34 min )
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    The e-commerce giant will be under pressure to show numbers in its cloud business.  ( 34 min )
    Microsoft upgraded, F5 Networks downgraded: Wall Street's top analyst calls
    Microsoft upgraded, F5 Networks downgraded: Wall Street's top analyst calls  ( 35 min )
    Mastercard Tops Estimates as International Travel Spending Rises. Why the Stock Is Falling.
    No content preview  ( 15 min )
    Hertz Misses Profit Estimate as Tesla Price Cuts Hit Fleet Value
    (Bloomberg) -- Hertz Global Holdings Inc. earnings missed estimates amid headwinds from Tesla Inc. price cuts and the high price of repairs for electric vehicles.Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachineApple Plans AirPods Overhaul With New Low- and High-End Models, USB-C HeadphonesIsrael Is Losing Support as Fury Grows Over Its Strikes on GazaWhat Happened Inside Morgan Stanley After Ted Pick Was Named CEOTrump Ally Mike Johnson Elected House Speaker, S  ( 34 min )
    Comcast Earnings Beat Estimates. Why the Stock Is Dropping.
    Comcast’s theme-park division did fine, but the company lost broadband customers.  ( 16 min )
    Invisalign Maker Align Technology Stock Plunges 23% On Third-Quarter Miss
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    Daily Spotlight: Full Speed Ahead for U.S. GDP
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    Berkshire Hathaway Buys More Occidental Stock. It Now Holds a 25.8% Stake.
    Berkshire Hathaway bought 3.9 million shares of the petroleum company earlier in the week, bringing the total value of its stake to $14.5 billion.  ( 16 min )
    Dow Jones Futures Slide After GDP, Jobless Claims; Meta Dives On Earnings
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    Chevron's mega oil deal more expensive than Exxon's
    Exxon Mobil's $59.5 billion deal to acquire oil and gas producer Pioneer Natural Resources may have been larger than Chevron's $53 billion agreement to buy Hess, but it is Chevron that is paying a loftier price tag. Pioneer generates twice as much annual cash as Hess, but the all-stock transactions value Pioneer at just 6.35 times its 12-month cash flow compared with 11.65 times for Hess.  ( 33 min )
    Stock market news today: Nasdaq, S&P 500 sink with earnings in driver's seat
    Stocks are struggling under the weight of disappointing Big Tech earnings and rising bond yields.  ( 36 min )
    The economy surged 4.9% in the third quarter. But is a recession still looming?
    The economy grew 4.9% in the third quarter despite high interest rates, inflation as consumer spending surged. Some economists still predict recession  ( 35 min )
    PayPal, Square Stocks Face a Moment of Reckoning After Worldline Panic
    PayPal and Block's stock reaction after a macroeconomic warning from France's Worldine shows how fear has gripped the payments sector.  ( 26 min )
    Clean-Energy Sector Suffers New Stock Crash: German Giant Siemens Energy
    Shares in Siemens Energy crashed to record lows after the energy-technology giant said it was talking to the German government and banks about guarantees to back long-term projects. The stock fell as much as 39% in Frankfurt, hitting the lowest levels since it was spun off as a public company in 20  ( 23 min )
    Ford Earnings Are Coming. What the UAW Deal Means for Its Stock.
    Ford stock will react not just to the earnings, but to what the company says about the impact of a potentail deal with its striking auto workers.  ( 19 min )
    Nvidia, Amazon: Stock Splits, Reverse Splits Can Have Consequences
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    Marlboro maker cuts profit forecast as smokers swap to cheaper brands
    The Marlboro maker has been hiking prices of its traditional products to offset volume declines as many consumers, wary of health risks, opt for new options like vapes or oral nicotine. But price increases have caused Altria to lose further ground to cheaper cigarettes such as USA Gold, as inflation-weary consumers try to conserve cash. Marlboro's retail share of the total cigarette category decreased by 0.3 share points compared to a year ago, the company said.  ( 33 min )
    Bristol Myers Revenue Declines but Beats Expectations as Revlimid Sales Drop
    Bristol Myers reports third-quarter earnings of $2 a share on revenue of $10.97 billion.  ( 15 min )
    Exclusive-ConocoPhillips weighs CrownRock bid to challenge rivals
    ConocoPhillips is considering an offer for CrownRock LP, an energy producer in the west Texas area of the Permian basin, people familiar with the matter said, as consolidation in the sector picks up pace. Houston-based Conoco, the largest U.S. oil and gas producer after Exxon Mobil Corp and Chevron Corp, has expressed interest in participating in the sale process for privately held CrownRock, which is valued between $10 billion and $15 billion, the sources said. CrownRock's investment bankers have asked interested parties to submit initial offers next week, two of the sources added.  ( 33 min )
    My Wife and I Have $1 Million in a 401(k) and Fully Own a $500k Home. Can I Retire in 5 Years at 60?
    With $1 million in a 401(k) and no mortgage on a $500,000 home, retirement at 60 may, in fact, be possible. However, retiring before eligibility for Social Security and Medicare mean relying more on savings. So deciding to retire at 60 calls for careful planning around healthcare, taxes and more. At any age, deciding whether […] The post My Wife and I Have $1 Million in a 401(k) and Fully Own a $500k Home. Can I Retire in 5 Years at 60? appeared first on SmartReads by SmartAsset.  ( 35 min )
    Altria Narrows Full-Year Guidance. The Stock Slips.
    Altria, the maker of Marlboro cigarettes posts third-quarter adjusted earnings of $1.28 a share, 1 cent short of Wall Street’s expectations.  ( 13 min )
    Stock market news today: Nasdaq futures sink with earnings in driver's seat
    Earnings are in the driving seat for stocks, as investors weigh disappointing reports from Big Techs.  ( 34 min )
    Comcast beats revenue estimates amid streaming growth, broadband decline
    Comcast on Thursday posted quarterly revenue that topped Wall Street estimates, bolstered by strong performance in streaming and theme parks, but also reported a surprise loss in broadband customers. Comcast lost 18,000 broadband customers in the quarter, as it faces more competition from wireless carriers such as Verizon and T-Mobile, which offer broadband. In its third set of results under a new reporting structure that includes NBCUniversal in the content and experiences segment, Comcast reported a .8% increase in revenue in the unit to $10.56 billion in the quarter.  ( 33 min )
    Bristol Myers says it needs another year to hit target for new drugs
    Drugmaker Bristol Myers Squibb on Thursday pushed back by a year the time frame for its current new-product portfolio to hit $10 billion in sales as the ramp-up of new drugs including anemia treatment Reblozyl, psoriasis drug Sotyktu, and multiple sclerosis drug Zeposia takes longer than expected. "The long-term potential of these brands remains the same," BMS Chief Financial Officer David Elkins said in an interview, noting that the drugs are on pace to hit around $3.5 billion in sales this year. Bristol Myers reported that it earned $4.1 billion, or $2 per share, in the third quarter, down from $4.3 billion, or $1.99 a share, a year earlier.  ( 33 min )
    Royal Caribbean raises annual profit forecast on steady demand
    Royal Caribbean Group raised its full-year profit forecast on Thursday, backed by higher ticket prices as well as steady demand from affluent customers for leisure travel. Shares of Miami, Florida-based company were up 4.3% at $86.35 in premarket trading. After months of being hindered by pandemic-related restrictions, cruise operators are now reaping the rewards as travelers gravitate to cruises that offer a range of fun activities under one roof and are cheaper compared to taking a land-based holiday such as that to a theme park This has given Royal Caribbean and its competitors the ability to further hike up itinerary prices , especially in North America and Europe, as occupancy levels no...  ( 33 min )
    Technical Assessment: Bearish in the Intermediate-Term
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    Analyst Report: Roper Technologies Inc
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    Analyst Report: Verizon Communications Inc
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    Analyst Report: Illinois Tool Works, Inc.
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    Analyst Report: Moody`s Corp.
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    Analyst Report: Old Dominion Freight Line, Inc
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    Northrop Grumman lifts 2023 revenue outlook on weapons demand
    U.S. defense company Northrop Grumman on Thursday raised its annual revenue target for the second time this year after reporting a jump in third-quarter revenue and profit helped by strong weapons demand. The tense geopolitical landscape has created a strong global appetite for U.S. weaponry, with nations actively engaged in negotiations and striking deals to acquire arms and looking to speed up ongoing contracts. Increased defense spending by the U.S. and its allies benefited Northrop's topline.  ( 33 min )
    Southwest Airlines profit falls on soaring labor and fuel costs
    Last month, Southwest Airlines raised concerns about rising fuel costs and weaker leisure bookings in August, citing seasonality trends. The company's total expenses rose 10% to $6.41 billion in the quarter, partly attributable to higher labor rates for all employee workgroups, according to Southwest. "As we move into 2024, we are slowing our available seat miles growth rate to absorb current capacity ... and optimize schedules to current travel patterns," Southwest Airlines CEO Bob Jordan said on Thursday.  ( 33 min )
    Market Digest: NVS, ITW, MCO, ODFL, ROP, VZ
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    Daily – Vickers Top Buyers & Sellers for 10/26/2023
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    Daily – Vickers Top Insider Picks for 10/26/2023
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    UPS Shares Fall After Package-Delivery Giant Cuts Sales Outlook
    United Parcel Service (UPS) cut its sales outlook after revenue slipped in the third quarter because of a slowdown in global demand for shipping. Its stock dropped 3.5% to under $142 in premarket trading. Shares were already down more than 15% this  ( 23 min )
    Bitcoin’s Big Break
    Bitcoin might continue upward in the near future amid seemingly strong demand and activity.  ( 33 min )
    UPS cuts annual revenue forecast on weak delivery demand
    No content preview  ( 32 min )
    Big tech earnings drove a stock market rally. They won't be enough this time
    Mixed results from big tech companies like Microsoft, Alphabet and Meta won't be enough to pull stocks out of their yield-driven rut.  ( 35 min )
    Siemens Energy Shares Plunge on Warning of Worse-Than-Expected Loss at Wind Division
    Siemens Energy shares lost almost a third of their value after the company said losses at its wind-turbine business in fiscal 2024 would be worse than current market expectations, as it works through quality issues and ramp-up challenges in offshore.  ( 26 min )
    Small-cap stocks just reversed one of the biggest pandemic-era trades: Morning Brief
    Small-cap stocks closed near a three-year low on Wednesday, reversing all the gains realized after President Biden's election win.  ( 35 min )
    Wall Street’s Best Analyst Bets on These 3 Energy Stocks — Here’s Why You Might Want to Follow His Lead
    Sifting through the flood of data generated by the stock markets is a daunting task – but Wall Street’s professional stock analysts are up to it. They’ve made careers, and reputations, by finding the golden nuggets in the data stream, the stocks that are ready for gains and are showing solid returns. The Street’s best analysts, who have compiled enviable records of success in recommending stocks to buy or avoid, bring analytical minds and deep experience to their calls – and investors would be w  ( 37 min )
    Stock market today: World shares slide after Wall St rout driven by high yields, mixed earnings
    Shares skidded Thursday in Europe and Asia after Wall Street tumbled as bond yields tightened their chokehold. The gap between the minus 0.1% Japanese benchmark rate and much higher rates in the U.S. and elsewhere has driven the dollar's value sharply higher against the yen.  ( 35 min )
    Amazon Reports Earnings Today. Wall Street Expects an AWS Bounce.
    Amazon.com reported earnings after the close on Thursday. Wall Street sees Amazon Web Services revenue improving 12.9% in the quarter to $23.2 billion.  ( 19 min )
    Mercedes-Benz 3Q Net Profit, Revenue Drop on Lower Demand, Currency Effects
    Mercedes-Benz reported a 7% drop in third-quarter underlying earnings and weaker revenue, as lower passenger car sales and increased tech investments weighed.  ( 26 min )
    Xi Jinping Is Looking for Someone to Blame for China’s Property Bust
    On the prowl for villains, Beijing expands real-estate probe to financial institutions.  ( 30 min )
    Berkshire Adds to Stake in Occidental, Now Holds Over 25%
    Berkshire bought 3.9 million shares of the petroleum company earlier in the week, bringing the total value of its stake to $14.5 billion.  ( 15 min )
    Ford Agrees to 25% Wage Hike in Tentative Deal to End UAW Strike
    (Bloomberg) -- The United Auto Workers reached a tentative labor agreement with Ford Motor Co., people familiar with the negotiations said. The breakthrough puts pressure on the carmaker’s two chief rivals — which are set to meet with the union Thursday — to reach deals and end a protracted strike that has cost the industry billions of dollars.Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachinePost-Earnings Meta Rally Fails to Prop Up QQQ: Markets WrapTrump Signal  ( 34 min )
    The Fed is about to make its next move. Here are 8 quotes from Jerome Powell and other central bankers that point to what comes next.
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    ‘Stay Cautious,’ Says Billionaire Leon Cooperman About the Stock Market — Here Are 2 High-Yield Dividend Stocks He’s Using for Protection
    For most of this year, investor sentiment was high, and the markets were on an upward tear. But that sputtered to a halt at the end of the summer, and this fall has seen a pullback in the main indexes. We’re still up for the year-to-date, but not by as much as we were in July. At this writing, the S&P 500’s year-to-date gain is 9%, and the NASDAQ’s is 22%. It is most accurate to say that current conditions are volatile and unsettled. Both the bulls and bears can find plenty of evidence and prece  ( 37 min )
    UAW Strike: Ford, Union Reach Tentative Labor Deal
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    Cheap Stocks To Buy: Should You Watch These 5 Growth Stocks?
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  • Open

    Intel Beats Q3 Estimates On Expense Controls, Delivers Optimistic Outlook
    Intel's earnings fell but came in well ahead of expectations, which the company attributed to strong operating leverage and expense discipline.  ( 1 min )
    AWS Strength, Growing Ad Revenue and Prime Day Sales Bolster Amazon's Q3 Results
    Amazon's profit more than tripled, outpacing analysts' estimates, as a burgeoning ad sales business grew 26%.  ( 1 min )
    Stellantis Plans to Invest $1.6B in EV Startup Leapmotor to Expand Presence in China
    Stellantis said it would invest $1.6 billion in China's Leapmotor to raise its presence in the world's largest electric vehicle market.  ( 1 min )
    UAW Strike Could Threaten Ford, GM, and Stellantis' Already-Tough Transition to EVs
    The United Auto Workers strike against Ford (F), General Motors (GM), and Stellantis (STLA), threatens to complicate the Big Three automakers' already-difficult transition to electric vehicles (EVs).  ( 1 min )
    Xpeng To Roll Out Driver-Assist Tech in Europe, Expand in China
    Chinese EV maker Xpeng plans to launch its Navigation Guided Pilot in the EU by the end of 2024, and expand the service to 50 cities in China.  ( 1 min )
    UAW, Ford Reach a Tentative Agreement
    United Auto Workers (UAW) announced that it has reached a "tentative agreement" with automaker Ford Motor Co. (F), potentially bringing an end to a six-week strike action if it is ratified.  ( 1 min )
    Morgan Stanley Names Edward Pick As CEO James Gorman's Successor
    Morgan Stanley (MS) named Edward (Ted) Pick as the company's next chief executive officer, succeeding James Gorman, who held the position since 2010.  ( 1 min )
  • Open

    Intel Beats Q3 Estimates, Citing Expense Controls; Company Delivers Optimistic Outlook
    Intel's earnings fell but came in well ahead of expectations, which the company attributed to strong operating leverage and expense discipline.  ( 18 min )
    Top CD Rates Today: It's Easy to Earn 5.75%, 6%, or Even 6.50%
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union, 6.00% from Credit Human or Sandia Area Federal Credit Union, and 5.80% from Seattle Bank.  ( 19 min )
    Gross Profit: What It Is & How to Calculate It
    Gross profit is the profit a company makes after deducting the costs of making and selling its products or the costs of its services.  ( 27 min )
    Bitcoin vs. Ethereum: What’s the Difference?
    Comparing Bitcoin vs. Ethereum shows that ether's surging popularity has made it a potent competitor token to bitcoin, even with less market cap and volume.  ( 24 min )
    AWS Strength, Growing Ad Revenue and Prime Day Sales Bolster Amazon's Q3 Results
    Amazon's profit more than tripled, outpacing analysts' estimates, as a burgeoning ad sales business grew 26%.  ( 17 min )
    UAW Strike Could Threaten Ford, GM, and Stellantis' Already-Tough Transition to EVs
    The United Auto Workers strike against Ford (F), General Motors (GM), and Stellantis (STLA), threatens to complicate the Big Three automakers' already-difficult transition to electric vehicles (EVs).  ( 19 min )
    What Is a Cost-of-Living Adjustment (COLA), and How Does It Work?
    A cost-of-living adjustment (COLA) is made to Social Security and Supplemental Security Income to adjust benefits to counteract the effects of inflation.  ( 25 min )
    S&P 500 Gains and Losses Today: Toymaker Stocks Sink After Holiday Sales Warnings
    The S&P 500 fell 1.2% on Thursday, Oct. 26, 2023, following weak corporate earnings and warnings from companies about full-year sales.  ( 16 min )
    Stellantis Plans to Invest $1.6B in EV Startup Leapmotor to Expand Presence in China
    Stellantis said it would invest $1.6 billion in China's Leapmotor to raise its presence in the world's largest electric vehicle market.  ( 17 min )
    Loan Officer vs. Mortgage Broker
    Loan officers and mortgage brokers can help secure a home loan, but there are differences.  ( 22 min )
    Bristol Myers Squibb Revenue Falls on Generic Competition for Key Drug
    Revenue at Bristol Myers Squibb declined as competition from generics captured some of the sales of its popular blood cancer drug, Revlimid.  ( 17 min )
    Credit Builder Loans vs. Personal Loans
    Personal loans provide borrowers with an initial lump sum to pay off over time, while credit builder borrowers pay the loan first and receive the money later.  ( 26 min )
    Nonce: What It Means and How It's Used in Blockchain
    Nonce means a number added to a hashed, or encrypted, block in blockchain that, when rehashed, meets prescribed difficulty-level restrictions, underpinning security.  ( 23 min )
    Americans Expected to Spend More Than $12 Billion on Halloween This Year
    Be prepared to spend more on your Halloween costume this year, as inflation is making your favorite Halloween staples more expensive, according to an analysis of data from the National Retail Federation by Investopedia.  ( 18 min )
    What Are the Residency Rules for Reverse Mortgages?
    You must live in a house to have a reverse mortgage on it. In this guide, we’ll explain the rules.  ( 25 min )
    Why Is There a Cap on the FICA Tax?
    Find out the history behind the controversial FICA cap on wages.  ( 24 min )
    Merck's Profit Beats Estimates on Sales of Its Cancer, COVID-19 Drugs and HPV Shot
    Merck's profit and revenue beat estimates as sales of its drugs for cancer and COVID-19, along with its HPV shot, were higher than expected.  ( 17 min )
    Substantial Gainful Activity (SGA): What It Is, How It Works
    Substantial gainful activity (SGA) marks the salary threshold used by the Social Security Administration to determine eligibility for disability benefits.  ( 23 min )
    Xpeng To Roll Out Driver-Assist Tech in Europe, Expand in China
    Chinese EV maker Xpeng plans to launch its Navigation Guided Pilot in the EU by the end of 2024, and expand the service to 50 cities in China.  ( 17 min )
    Meta Shares Tumble After Executives Highlight a Volatile Macro Environment
    Shares of Meta Platforms (META) fell sharply Thursday after the company's executives said fourth-quarter performance could be impacted by macroeconomic and geopolitical uncertainty, including the outbreak of conflict in the Middle East.  ( 18 min )
    How Inflation Affects Your Cost of Living
    They measure different things but inflation and cost of living are inextricably linked. Here's how they interact.  ( 27 min )
    New Labor Rule Boosts Union Ability To Organize Contractors and Franchise Workers
    The National Labor Relations Board issued a rule Thursday that expands the definition of “joint employer,” making it more likely that a company will be legally considered the employer of people that work for them through contractors, staffing agencies, franchises, or other arrangements.  ( 18 min )
    Benefits for People With Disabilities and Their Parents
    If you are caring for a disabled child, you have a wide range of federal and state benefits available to you.  ( 26 min )
    The Regulations That Govern Banking in India
    Through these regulations, the Reserve Bank of India steers India's banking sector away from risk and toward its goals for India's economy and society.  ( 25 min )
    How to Inherit a CD
    You can inherit a certificate of deposit (CD) in several ways. In this guide, we'll explain how.  ( 23 min )
    Pros and Cons of Investing in NFTs
    Thinking about investing in nonfungible tokens (NFTs)? Learn more about owning these tokenized assets before you make any NFT purchasing or selling decisions.  ( 21 min )
    Markets Fall at Midday After Weak Corporate Earnings and Warnings
    U.S. equities dropped at midday on Thursday, Oct. 26, 2023 after weak earnings news and corporate warnings.  ( 16 min )
    ARM Applications Reach Another High Amid Elevated Rates, Stricter Rules
    Adjustable rate mortgages (ARMs) now make up 16% of all mortgage value, and applications for them jumped to more than 9% as homebuyers seek ways to afford mortgage payments with rising interest rates.  ( 19 min )
    Mattel and Hasbro Shares Tumble After Warning About Holiday Toy Sales
    Shares of Mattel and Hasbro plunged as both toymakers warned of soft holiday sales.  ( 18 min )
    Pending Home Sales Surprise with 1.1% Uptick for September
    Despite the unexpected uptick, home sales are still down since last year—and may remain that way for the rest of 2023.  ( 17 min )
    Southwest Airlines Earnings Sink on Rising Fuel and Labor Expenses
    Southwest Airlines shares lost ground after reporting profit tumbled as the carrier faced higher fuel and labor costs.  ( 17 min )
    Mortgage Rates Inch Down, Remain in Lower Range
    Rates on 30-year mortgages gave up a minimal basis point, keeping them at their lowest level in more than a week. Many other averages were also relatively unchanged.  ( 19 min )
    Durable Goods Orders Rise Sharply on Aircraft Sales
    Aircraft sales drove up durable goods orders by 4.7% in September, far ahead of economist expectations for a 2% increase, and reversing two straight months of decline.  ( 19 min )
    UPS Trims Its Outlook After Steep Decline in 3Q Profit as Labor and Fuel Costs Rise
    UPS shares tumbled after the delivery company reported revenue and profit declined in the third quarter as labor and fuel costs rose, and lowered its full-year guidance.  ( 18 min )
    How Did Moral Hazard Contribute to the 2008 Financial Crisis?
    Learn about moral hazard, how it can affect outcomes, and how it contributed to the conditions that led to the 2008 financial crisis.  ( 23 min )
    Shoppers Boosted US Economic Growth to Fastest in Years
    The U.S. economy isn’t cooperating with the Federal Reserve’s plan to slow it down, thanks to consumers who just won’t stop spending.  ( 18 min )
    Mastercard Beats Earnings Forecasts as Consumer Spending Drives Transaction Volume
    Mastercard Inc. third-quarter results came in ahead of expectations, with the payments processor reporting a second consecutive quarter of profit growth on continued strong consumer spending trends  ( 17 min )
    Comcast Earnings Powered By Nintendo World, Peacock Despite Losing Broadband Subscribers
    Comcast posted better-than-expected earnings in the third quarter due to stronger theme park revenue and subscriptions for its Peacock streaming service despite another quarter of declining broadband subscriptions.  ( 17 min )
    Shares of Affirm, Block, and PayPal Drop as Worldline Warns About Consumer Spending
    Shares of financial tech firms Affirm, Block, and PayPal dropped following a warning about consumer spending from French payments company Worldline.  ( 17 min )
    Can Snowbirds Have Two Reverse Mortgages?
    You can only have one reverse mortgage, but there are other ways of accessing equity  ( 24 min )
    10 Common Questions About Social Security
    Here are answers to 10 frequently asked Social Security questions, including when to file, how much you’ll get, and whether the program is in trouble.  ( 29 min )
    5 Things to Know Before Markets Open
    Shares of Instagram parent Meta Platforms fell after warning of softer ad sales amid economic uncertainty and the United Auto Workers union said it reached a tentative agreement with Ford. Here’s what investors need to know today.  ( 18 min )
    UAW, Ford Reach a Tentative Agreement
    United Auto Workers (UAW) announced that it has reached a "tentative agreement" with automaker Ford Motor Co. (F), potentially bringing an end to a six-week strike action if it is ratified.  ( 17 min )
    Social Security Act: Meaning, Overview, History
    The Social Security Act established a benefits system in 1935 for people who are retired, jobless, or have a disability. A payroll tax funds these benefits.  ( 25 min )
    Universal Healthcare Coverage: What it is, How it Works, Types
    Universal healthcare coverage systems are set up to ensure that all legal residents of a given jurisdiction have health insurance.  ( 24 min )
    Active vs. Passive ETF Investing: What's the Difference?
    Active or Passive ETF investing? Find out which one is for you.  ( 26 min )
    Medicare Part A Definition
    Medicare Part A, or Medicare hospital coverage, is one of the four parts of Medicare, the government’s health insurance program for older adults.  ( 26 min )
    How Prescription Drug Negotiations Will Impact Medicare Beneficiaries
    Under the Inflation Reduction Act, Medicare can now negotiate the price of some high-cost prescription drugs. Learn how to get lower drug costs through Medicare Part D.  ( 22 min )
    Medicare Supplement Insurance: What It Is, How It Works
    Medicare supplement insurance, also known as Medigap, is private insurance sold to complement original Medicare coverage.  ( 27 min )
    Avoid the Part D Premium Penalty
    Medicare has rules regarding prescription drug coverage that must be followed, or you could wind up paying a penalty indefinitely.  ( 26 min )
    How Does Medicare Work After Retirement?
    One of the most important topics in retirement is Medicare. Here is the lowdown on how it works and what it may cost you.  ( 28 min )
    What Is the Age for Medicare Eligibility?
    The majority of Medicare recipients receive benefits when they turn 65, but you may be eligible at a younger age if you have a qualifying disability, ESRD, or ALS.  ( 23 min )
    Retirement Costs You May Not Have Considered
    Retirement expenses such as health insurance, home renovations, and a new car could drain your funds if you don't plan for them now.  ( 27 min )
  • Open

    S&P 500 Gains and Losses Today: Toymaker Stocks Sink After Holiday Sales Warnings
    The S&P 500 fell 1.2% on Thursday, Oct. 26, 2023, following weak corporate earnings and warnings from companies about full-year sales.  ( 1 min )
    Meta Shares Tumble After Executives Highlight a Volatile Macro Environment
    Shares of Meta Platforms (META) fell sharply Thursday after the company's executives said fourth-quarter performance could be impacted by macroeconomic and geopolitical uncertainty, including the outbreak of conflict in the Middle East.  ( 1 min )
    Markets Fall at Midday After Weak Corporate Earnings and Warnings
    U.S. equities dropped at midday on Thursday, Oct. 26, 2023 after weak earnings news and corporate warnings.  ( 1 min )
    Mattel and Hasbro Shares Tumble After Warning About Holiday Toy Sales
    Shares of Mattel and Hasbro plunged as both toymakers warned of soft holiday sales.  ( 1 min )
    Dow Jones Today: Stock Futures Sink as Tech Rout Continues Ahead of Amazon Earnings
    Stock futures sank in premarket trading Thursday as Meta's earnings beat failed to pause yesterday's tech slide ahead of Amazon's quarterly earnings report after the bell.  ( 1 min )
    Shares of Affirm, Block, and PayPal Drop as Worldline Warns About Consumer Spending
    Shares of financial tech firms Affirm, Block, and PayPal dropped following a warning about consumer spending from French payments company Worldline.  ( 1 min )
    5 Things to Know Before Markets Open
    Shares of Instagram parent Meta Platforms fell after warning of softer ad sales amid economic uncertainty and the United Auto Workers union said it reached a tentative agreement with Ford. Here’s what investors need to know today.  ( 1 min )
  • Open

    Britse overheid roept op tot einde vierdaagse werkweek bij lokale overheden
    De landelijke Britse overheid zei donderdag dat lokale overheden moeten stoppen met proeven met een vierdaagse werkweek voor hun werknemers. Hierdoor zouden de lokale overheden minder werk afkrijgen en dat zou de belastingbetalende burger benadelen.  ( 9 min )
    'Vervuiler' Nederland moet arme landen helpen bij klimaattransitie
    Het Nederlands klimaatbeleid is niet rechtvaardig ten opzichte van de rest van de wereld. Dat zegt de Adviesraad Internationale Vraagstukken (AIV). De raad overhandigt vandaag een stappenplan aan demissionair klimaatminister Rob Jetten. "De ambitie moet omhoog."  ( 10 min )
    Na jaren gesteggel heeft Brussel plan om online kindermisbruik aan te pakken
    Het Europees Parlement presenteert donderdag een aangepast wetsvoorstel om online kindermisbruik aan te pakken. Over de wet wordt al jaren fel gediscussieerd. Partijen lagen met elkaar overhoop over de vraag of een harde aanpak of juist preventie het beste werkt.  ( 12 min )
    Stekkerauto's versnelden in 2022 en reden 55 procent meer kilometers
    Nederlandse personenauto's, bestelbusjes, vrachtwagens en bussen hebben in 2022 in totaal bijna 144 miljard kilometer in binnen- en buitenland gereden. Dat is 7 procent meer dan een jaar eerder. Vooral elektrische en hybride auto's hebben veel meer kilometers afgelegd.  ( 9 min )
    Grootste groei voor Amerikaanse economie in bijna twee jaar
    De economie in de Verenigde Staten groeide afgelopen kwartaal maar liefst 4,9 procent. Dit ondanks een aantal renteverhogingen en een afremmende wereldeconomie. Het is de grootste groei sinds 2021.  ( 8 min )
    Reclame Code Commissie geeft Tata Steel tik op de vingers om uitstootclaim
    Tata Steel mag niet claimen dat de uitstoot van kankerverwekkende pak-stoffen tussen 2019 en 2022 is gehalveerd. Die claim is niet aantoonbaar juist, omdat niet alle mogelijke bronnen zijn onderzocht, stelt de Reclame Code Commissie.  ( 9 min )
    Brussel presenteert aangepast wetsvoorstel tegen online kindermisbruik
    Het Europees Parlement presenteert donderdag een aangepast wetsvoorstel om online kindermisbruik aan te pakken. Over de wet wordt al jaren fel gediscussieerd. Partijen lagen met elkaar overhoop over de vraag of een harde aanpak of juist preventie het beste werkt.  ( 12 min )
    ECB trapt op de rem na reeks van tien renteverhogingen
    De ECB houdt een rentepauze na een reeks van tien verhogingen in ruim een jaar tijd. De Europese inflatie is niet volledig teruggezakt, maar de ECB wil de rente voorlopig niet verder verhogen. Anders zou het economisch te veel pijn doen.  ( 10 min )
    Turkse rente opnieuw flink omhoog in strijd tegen hardnekkige inflatie
    De centrale bank in Turkije schroeft de rente in het land opnieuw stevig op, van 30 naar 35 procent. Dit moet de nog altijd gierende inflatie in het land in toom houden.  ( 8 min )
    Dichte mist leidt tot vertragingen en geannuleerde vluchten op Schiphol
    Dichte mist veroorzaakt donderdag problemen op Schiphol. Tientallen vluchten zijn vertraagd of worden geannuleerd. De mist kan mogelijk de rest van de dag het vluchtschema verstoren.  ( 8 min )
    Steeds meer personeel in kinderopvangsector, maar wachtlijst blijft flink
    De kinderopvangsector krijgt er steeds meer personeel bij. Al jarenlang stromen er duizenden mensen meer in dan er vertrekken. En toch lijken de wachtlijsten voor nieuwe ouders maar niet te slinken.  ( 11 min )
    Winst van energiebedrijf Vattenfall valt terug door lagere prijzen
    De winst van Vattenfall was in de eerste negen maanden van dit jaar veel lager dan in 2022. Dat werd veroorzaakt doordat de energieprijzen flink zijn gedaald sinds vorig jaar.  ( 8 min )
    NU+ | ECB heeft rente genoeg verhoogd: het begint economisch pijn te doen
    De Europese Centrale Bank (ECB) heeft in ruim een jaar de rente tien keer verhoogd om de inflatie te bestrijden. Doel is om lenen minder aantrekkelijk te maken en dat lukt, blijkt uit nieuwe cijfers. Daarom zal een elfde renteverhoging komende donderdag uitblijven, verwachten experts.  ( 10 min )
    Zo nu en dan thuiswerken lijkt het nieuwe normaal na coronapandemie
    Hoewel de lockdowns al een tijdje voorbij zijn, werkt een op de drie Nederlanders nog steeds regelmatig vanuit huis. Daarbij gaat het vooral om hybride werken, een mix van thuis en op kantoor. Fulltime thuiswerken gebeurt maar weinig.  ( 10 min )
    Unilever verkoopt weer minder, maar verdient meer door prijsverhogingen
    Unilever verkocht in het afgelopen kwartaal minder producten, maar verdiende door prijsverhogingen wel meer geld. Het bedrijf achter merken als Magnum, Dove en Calvé behaalde een kwartaalomzet van 15,2 miljard euro.  ( 9 min )
    Facebook-moederbedrijf Meta verdient meer geld aan advertenties die jij bekijkt
    Gebruik jij Facebook, Instagram of WhatsApp? Dan heeft Facebook-moederbedrijf Meta in het afgelopen kwartaal omgerekend ruim 10 euro aan jou verdiend. Het socialemediabedrijf heeft in die drie maanden meer adverteerders weten te strikken.  ( 9 min )
    Klanten bezuinigen op boodschappendozen van HelloFresh
    HelloFresh heeft voor het tweede kwartaal op een rij minder dozen met boodschappen bezorgd. Het Duitse bedrijf ziet klanten mogelijk vanwege de hoge inflatie bezuinigen op bestellingen.  ( 8 min )
    Verkoop van Barbies weer op niveau door succesvolle film over de beroemde pop
    Mattel heeft in het afgelopen kwartaal veel meer Barbies verkocht. Daarmee lijkt het speelgoedconcern te profiteren van de succesvolle film Barbie, die eerder dit jaar is verschenen.  ( 9 min )
    Staking bij Ford in VS na 41 dagen voorbij, bij General Motors nog niet
    Na een lange periode van stakingen heeft de Amerikaanse vakbond voor de auto-industrie UAW een voorlopig akkoord gesloten met autoproducent Ford. De partijen zijn een forse loonsverhoging van 25 procent overeengekomen. Bij meerdere grote autoproducenten werd al ruim een maand gestaakt.  ( 8 min )
    Stekkerauto's accelereerden in 2022 en reden 55 procent meer kilometers
    Nederlandse personenauto's, bestelbusjes, vrachtwagens en bussen reden in 2022 in totaal bijna 144 miljard kilometer in binnen- en buitenland, 7 procent meer dan een jaar eerder. Vooral elektrische en hybride auto's reden veel meer kilometers.  ( 8 min )
    Barbie-poppenverkoop weer terug van weggeweest door succesvolle film
    Mattel verkocht in het afgelopen kwartaal veel meer barbiepoppen. Daarmee lijkt het speelgoedconcern de vruchten te plukken van de succesvolle Barbie-film die eerder dit jaar werd uitgebracht.  ( 9 min )
    Hybride werken lijkt volgens TNO ook na corona een blijvertje
    Hoewel de lockdowns al een tijdje voorbij zijn, werkt een op de drie Nederlanders nog steeds regelmatig vanuit huis. Daarbij gaat het vooral om hybride werken, een mix van thuis en op kantoor. Fulltime thuiswerken gebeurt maar weinig.  ( 9 min )
    NU+ | Turkije neemt afscheid van 'Erdoganomics', maar herstel gaat moeizaam
    De Turkse economie zit al tijden in zwaar weer. Critici wijzen naar de invloed van president Recep Tayyip Erdogan als belangrijkste oorzaak. Wat is er veranderd sinds zijn verkiezingswinst in mei? Is er licht aan het einde van de tunnel?  ( 10 min )

  • Open

    Morgan Stanley Names Edward Pick As CEO James Gorman's Successor
    Morgan Stanley (MS) named Edward (Ted) Pick as the company's next chief executive officer, succeeding James Gorman, who held the position since 2010.  ( 17 min )
    The Dead Cat Bounce of Investing
    Make sure you know the difference between a change in market outlook and a short-term recovery.  ( 23 min )
    Top CD Rates Today: New 6% Leader Offers Rare Escape Clause
    The three best CD rates available nationwide are 6.50% from Financial Partners Credit Union, 6.00% from Credit Human, and 6.00% from Sandia Area Federal Credit Union.  ( 19 min )
    Reverse Mortgages in Puerto Rico, U.S. Virgin Islands, and Guam: What Are the Rules?
    Reverse mortgages are the same in Puerto Rico, the U.S. Virgin Islands, and Guam as they are in the 50 states.  ( 26 min )
    What They’re Saying: How Student Loan Payment Resumption Hit Corporate Bottom Lines
    The companies student loan borrowers do business with are closely monitoring how much money people are diverting to payments.  ( 18 min )
    Why ADP Shares Tumbled 9% Despite Fiscal Q1 Bottom-Line Beat
    Shares of ADP fell 9% Wednesday as a mixed earnings report from the payroll services provider failed to satisfy investors. Revenue fell just short of expectations, despite an EPS beat.  ( 17 min )
    Millennials Are At Peak Homebuying Age and More Demand Could Be On the Way
    The millennial generation is now driving the U.S. housing market, with an added 7.4 million purchases since 2018.  ( 17 min )
    Meta's Strong Ad Revenue and Cost-Cutting Drive Earnings Outperformance
    Meta's foray into generative AI for advertisers could push ad spend for Facebook and Instagram even higher.  ( 17 min )
    S&P 500 Gains and Losses Today: Tech Stocks Tumble After Alphabet's Earnings Report
    The S&P 500 dropped 1.4% on Wednesday, Oct. 25, 2023, with Alphabet's earnings report and rising borrowing costs pressuring tech stocks.  ( 16 min )
    What Does Daily Interest Accrual Mean?
    Learn what it means when a borrower's or investor's loan or investment account accrues interest daily and how different compounding periods change the loan balance.  ( 22 min )
    American Express CD Rates: October 2023
    American Express CD rates can be much higher than average with certain terms, and there’s no minimum balance to open a new CD.  ( 21 min )
    U.S. Bank CD Rates: October 2023
    U.S. Bank CD rates are relatively high if you can meet a higher deposit requirement, but some options are unappealing. Existing customers can get personalized rates.  ( 21 min )
    Charles Schwab CD Rates: October 2023
    If you’re interested in opening a new certificate of deposit (CD) account, Schwab offers a simple brokered CD with attractive rates. Here’s what to know about Schwab CD APYs, terms, and features.  ( 25 min )
    Santander Bank CD Rates: September 2023
    With rising interest rate,s a CD can be a good place to stash funds. Compare CD rates and terms from Santander Bank and find the best CD account for your savings goals.  ( 20 min )
    Navy Federal CD Rates: October 2023
    With a minimum deposit and a guaranteed return, certificates of deposit (CDs) can be a viable investment. See what Navy Federal CD rates have to offer.  ( 24 min )
    Investing in Cryptocurrency ETFs: Bitcoin Futures vs. Ether Futures
    Investing in cryptocurrency ETFs? Here’s what you need to know about bitcoin futures ETFs and ether futures ETFs.  ( 24 min )
    Boeing Cuts Outlook for 737 Max Deliveries Because of Fuselage Issue
    Boeing reduced its estimate for 737 Max deliveries this year because of inspections for a potential fuselage problem.  ( 17 min )
    Huntington Bank CD Rates: October 2023
    Huntington Bank’s CD rates are very competitive for certain terms. Check out Huntington’s latest CD offer and find out how you can maximize your savings with one of the best rates in the market.  ( 22 min )
    Bank of America CD Rates: October 2023
    There are countless CD options, and it can be hard to choose. Gain a thorough understanding of Bank of America’s CD rates to make a well-informed decision about opening an account.  ( 26 min )
    Credit Card Debt Has Made a Huge Comeback
    The economic boom that the U.S. economy experienced in 2022 came hand-in-hand with a resurgence in credit card debt.  ( 17 min )
    How the Blockchain ETF Works
    How blockchain ETFs work and the risks associated with such theme-based investments.  ( 24 min )
    What Are Perpetual Futures and How Do They Work?
    Perpetual futures are derivatives contracts that lack an expiry date. Popular with cryptocurrency traders, these contracts instead use a funding rate mechanism to keep their prices near the spot price.  ( 24 min )
    Temporal Discounting: The Psychology Behind Future Reward Depreciation
    Temporal discounting is the human tendency to choose for immediate gratification at the expense of future benefits.  ( 28 min )
    Apple Surprisingly Supports White House "Right to Repair" Law
    The White House and consumer electronics giant Apple (AAPL) have become unlikely allies in pushing for a national “right to repair” law that would require manufacturers to support independent repair shops and consumers in fixing broken devices.  ( 18 min )
    Bitcoin's On A Tear But Not All Crypto Is Booming
    The bitcoin price briefly crosses $35,000; however, the rest of the crypto market is still lagging behind. But analysts think growing small investor participation may be good news for bitcoin prices.  ( 18 min )
    What Is the Medicare Donut Hole?
    The Medicare donut hole is a coverage gap that can exist with Part D prescription drug coverage. Learn how the Medicare donut hole works and how to close it.  ( 23 min )
    Microsoft Shares Jump as Cloud Revenue Boosts Earnings
    Microsoft Corp.'s fiscal first-quarter earnings showed a surprise improvement in its Azure cloud segment.  ( 17 min )
    Our Personal Loan Review and Ranking Methodology
    We researched and evaluated more than 70 personal loan lenders and rated them based on APRs, loan amounts and terms, credit requirements, customer experience, and more.  ( 24 min )
    Market Operation and Its Effect on Money Supply
    Understand how open market operations affect the supply of money in the economy and learn the specific ways that the Federal Reserve changes the money supply.  ( 23 min )
    T-Mobile US Beats Earnings Estimates as It Adds More Customers Than Expected
    T-Mobile U.S. beat earnings estimates and raised its outlook as the wireless provider added more customers than analysts had expected.  ( 17 min )
    Alphabet Shares Tank On Cloud Earnings Miss But Analysts Say Investors Needn't Worry
    Shares of Google parent Alphabet tumbled more than 9% in intraday trading Wednesday after the tech giant's cloud revenue fell short of expectations in the third quarter, but analysts say investors needn't worry.  ( 19 min )
    Markets Mixed at Midday as Google Parent Alphabet Drags Down Tech Sector
    U.S. equities were mixed at midday on Wednesday, Oct. 25, 2023, as the tech sector lost ground after Google parent Alphabet reported lower-than-expected cloud revenue.  ( 16 min )
    How to Qualify for a Reverse Mortgage
    Reverse mortgage applicants must be at least 62 years old and own a significant amount of equity in their home.  ( 24 min )
    Cost of Medicare Advantage Plans
    Medicare Advantage costs $18 per month, on average, but can vary widely. Find out averages for premiums, deductibles, and out-of-pocket expenses across insurers.  ( 25 min )
    Thermo Fisher Cuts Its Outlook For Second-Straight Quarter Amid Weakening Market
    Fisher Thermo Scientific shares tumbled to a more than three-year low as sales missed estimates and the company cut its guidance.  ( 17 min )
    How Much Money Do You Need To Retire at 57?
    Who wouldn't want to retire early? The question is, how much will it cost? Here's a quick and dirty way to get an answer.  ( 25 min )
    30-Year Mortgage Rates Drop to Lowest Level in Over a Week
    Rates on 30-year mortgages have continued their yo-yo pattern—this time with a notable drop to fall further below the 23-year peak they registered last week.  ( 19 min )
    Best Brokers for International Trading 2023
    We reviewed the best brokers for international trading platforms for both U.S.-based and non-U.S. citizens. Get details on the features, as well as their pros and cons.  ( 28 min )
    Social Security Credits: Meaning, Requirements, Applications
    Social Security credits are used to determine eligibility and benefit amount for benefits, so make sure to understand how many are required.  ( 25 min )
    Crossover Loss Definition
    In a reverse mortgage, a crossover loss occurs when the loan balance exceeds the property value at the time that the loan pays off.  ( 24 min )
    Amazon to Launch Separate Cloud in Europe to Meet Governments' Stricter Privacy Standards
    Amazon said it would launch a separate, "sovereign" cloud in Europe, tailored to address stricter privacy standards and support public sector clients.  ( 17 min )
    Biden Bolsters Home Energy Assistance Program to Help With Winter Heating Bills
    U.S. President Joe Biden released $3.7 billion in funding for the Low Income Home Energy Assistance Program and introduced a national eligibility tool to support households with energy costs amid high inflation.  ( 19 min )
    Taxation on Non-Qualified Deferred Compensation Plans
    The tax savings of non-qualified deferred compensation plans are not the only tax-related fact you need to know before signing up for one.  ( 24 min )
    Best Day Trading Platforms of 2023
    Looking for somewhere to trade actively? We reviewed the best day trading platforms based on execution speed, ease of use, pricing, reliability, and customer service.  ( 31 min )
    SEC Charges Blackrock Over Investment Fund Disclosures
    The Securities and Exchange Commission has charged investment manager Blackrock for failing to properly disclose entertainment investments in a fund it advised.  ( 16 min )
    5 Things to Know Before Markets Open
    Shares of Google parent Alphabet fell after the search giant’s cloud revenues came in lower than expected and Microsoft shares pushed higher after it was able to grow its Azure cloud business. Here’s what investors need to know today.  ( 18 min )
    Ticket To Work Program: What It Is, How It Works
    Ticket to Work Program helps people receiving Social Security Disability Insurance return to work without risking benefits.  ( 28 min )
    Primary Insurance Amount: What it is, Calculations, and Examples
    Primary insurance amount is a calculation, used with the average indexed monthly earnings (AIME), to determine a person's Social Security benefits.  ( 23 min )
    Taxable Wage Base: Overview, Example, FAQ
    The taxable wage base is the maximum amount of earned income that employees must pay Social Security taxes on.  ( 27 min )
    General Agreements to Borrow (GAB): Meaning, Pros and Cons
    General Agreements to Borrow (GAB) was a lending medium offered through the International Monetary Fund by the Group of Ten countries.  ( 22 min )
    Can I Invest Social Security Disability Payments in a Roth IRA?
    Social Security disability payments may or may not count as earned income. Learn when you can or can’t use them to invest in a Roth IRA.  ( 26 min )
    Thrusting Line: What It is, Types, Example
    Stock traders watch a so-called thrusting line as part of a pattern that indicates increasing demand for a particular stock.  ( 24 min )
    Average Indexed Monthly Earnings (AIME): Meaning, Overview, FAQ
    Average indexed monthly earnings (AIME) is used to determine the primary insurance amount (PIA) that values an individual's social security benefits.  ( 24 min )
    Medicare Wages: Definition, How They're Taxed, Limits and Rates
    Medicare wages are employee earnings that are subject to a U.S. payroll tax known as the Medicare tax.  ( 25 min )
    Weightless Economy Definition
    The term weightless economy refers to the trade of products and services that are abstract or intangible, such as professional services.  ( 21 min )
  • Open

    Ford, UAW reach tentative deal to end strike: 'We told Ford to pony up and they did'
    Ford Motor and the negotiators of the United Auto Workers (UAW) union have reached a tentative labor deal, pending union leadership approval, three sources familiar with the matter said on Wednesday. A deal would be the first settlement of strikes against Ford, General Motors and Chrysler-parent Stellantis . More than 45,000 union members working at the Detroit Three automakers have joined walkouts that began on Sept.  ( 32 min )
    Meta Beats Wall Street's High Expectations, But Stock Falls On Weak Advertising Worries
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    Dow Jones Futures Fall: S&P 500, Nasdaq Tumble As Google Dives; Meta Reverses Lower
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    The record-breaking crash in bonds is a threat to stock prices and American jobs. Here's everything you need to know about the Treasury-market turmoil.
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    Stocks Slide on Earnings Worries; Dollar Climbs: Markets Wrap
    (Bloomberg) -- Asian stocks are set to tumble to their lowest in nearly a year while US futures extended declines as a batch of poor corporate earnings soured sentiment. Currency traders were on edge after the yen weakened past a key level. Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachineApple Plans AirPods Overhaul With New Low- and High-End Models, USB-C HeadphonesIsrael Is Losing Support as Fury Grows Over Its Strikes on GazaTrump Ally Mike Johnson Elected H  ( 35 min )
    Treasury bond supply could soon hit record levels as unsustainable deficits and high rates create spiral effect, Bank of America says
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    Meta Shares Slide After Warning on Economy Impacting Ads
    (Bloomberg) -- Meta Platforms Inc. posted revenue growth that beat the average analyst estimate, showing investors the company can improve the core advertising business while investing heavily in artificial intelligence and virtual reality. Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachineTrump Signals Support for Johnson’s Bid to Become House SpeakerTech-Heavy ETF Up in Late Hours as Meta Rallies: Markets WrapChina Developer Country Garden Deemed in Default on  ( 33 min )
    UPS To Buy Reverse Logistics Specialist Happy Returns from PayPal
    United Parcel Service agreed to acquire Happy Returns, a software and reverse logistics company that handles returns for retailers, from PayPal.  ( 27 min )
    5 Best China Stocks To Buy And Watch
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    Meta's Q4 guidance erases earnings beat gains
    The social media giant delivered above expectations for both its top and bottom lines.  ( 35 min )
    Meta stock rises 4% as it beats earnings estimates
    Meta reported its third quarter earnings on Wednesday after the bell.  ( 34 min )
    Ford, UAW Near Tentative Labor Deal to Potentially End Six-Week Strike at the Automaker
    The two sides have moved closer on key bargaining issues in recent days, though there is still a possibility talks could stall.  ( 30 min )
    UPS Buys Reverse Logistics Company Happy Returns From PayPal
    UPS said as a result of the deal, label-free returns will soon be available at thousands of locations in the U.S.  ( 27 min )
    Alphabet 10% Plunge Follows Tesla in Stern Warning on Valuation
    (Bloomberg) -- Looking for a unifying theory on what’s ailing equities in a world of vacillating bond yields, iffy earnings and mixed messages from the Federal Reserve? Try valuations.Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachineTrump Signals Support for Johnson’s Bid to Become House SpeakerTech-Heavy ETF Up in Late Hours as Meta Rallies: Markets WrapChina Developer Country Garden Deemed in Default on Dollar Bond for First TimeTrump Ally Mike Johnson Elected  ( 35 min )
    ‘Hold Your Horses,’ Says 5-Star Analyst About Intel Stock
    After several years of underperformance, 2023 has been marked by a bit of a comeback for Intel (NASDAQ:INTC). The chip giant’s Q2 results exceeded expectations, boosted by indications the PC market is gradually rebounding. With the company readying to release its Q3 statement on Thursday (October 26th after the close), can the turnaround story truly take shape? That is still up for debate, says Stifel’s Ruben Roy, a 5-star analyst rated in the top 2% of the Street’s stock pros. On the one hand,  ( 34 min )
    ServiceNow Earnings, Revenue Top Estimates. Software Stock Climbs
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    Stock market news today: Stocks clobbered as Nasdaq drops 2.5% amid Google's slide
    Treasury yields pushed higher, putting more pressure on already strained tech stocks.  ( 46 min )
    SunPower Restatement, Sunrun Short Report Sink Solar Stocks
    (Bloomberg) -- An earnings restatement from SunPower Corp. and a short seller’s notice on Sunrun Inc. helped drag solar stocks lower, as investors brace for what could be a round of disappointing quarterly reports across the industry. Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachinePost-Earnings Meta Rally Fails to Prop Up QQQ: Markets WrapTrump Ally Mike Johnson Elected House Speaker, Shifting GOP Further RightTrump Signals Support for Johnson’s Bid to Become  ( 34 min )
    Influencers want to hack your high mortgage rates for a new car or an extra vacation. ‘This can be a great strategy,’ housing market expert says—but only if you can really budget for it
    Want to save $83,000 over the 30-year life of a mortgage on a $300,000 home? Think carefully about what you’re really pursuing.  ( 34 min )
    Ackman's bet against US Treasuries pays off with $200 million profit
    Billionaire hedge fund manager Bill Ackman, who traditionally invests in stocks, earned roughly $200 million from a bet against U.S. 30-year Treasury bonds, a person familiar with the trade said on Wednesday. Ackman said on Monday on X, "we covered our bond short" some 12 weeks after he announced the bet on the messaging platform formerly known as Twitter. "The economy is slowing faster than recent data suggests," Ackman said in the post, adding "There is too much risk in the world to remain short bonds at current long-term rates."  ( 32 min )
    It’s a Terrible Day for Tech. Why a Chip Stock Is to Blame.
    Alphabet's cloud results were weak, but the more concerning news came from Texas Instruments.  ( 22 min )
    Google's Cloud Disappointed, Microsoft's Impressed. What's In Store For Amazon?
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    The European Fintech Collapse Spreads to the U.S.
    The fintech contagion spread across the ocean on Wednesday following a dramatic repricing in the European sector. Shares of buy-now-pay-later company Affirm dropped 15%. Payments company Block fell 8%. And PayPal Holdings retreated by nearly 5%. These sell-offs were on the heels of a [warning from  ( 24 min )
    Porsche joins Tesla in warning about high rates
    German luxury brand Porsche and EV stalwart Tesla make strange bedfellows, unless it comes to warning about high interest rates crimping demand.  ( 34 min )
    Want To Invest In Penny Stocks? Here Are Three That Analysts Think Could Deliver Over 300% Returns
    Penny stocks are risky but have the potential to triple initial investments. While risk-averse investors might associate penny stocks with gambling, conducting proper research and noting market sentiment regarding such low-value stocks can help traders identify strategic investment opportunities. But pump-and-dump schemes where market-makers artificially inflate the price of penny stocks through advertising are fairly common. While the promoters often end up cold calling clients or sending email  ( 35 min )
    Microsoft's and Google’s earnings tell a tale of two clouds
    Microsoft and Google told two different stories about their cloud businesses during their earnings calls on Tuesday.  ( 36 min )
    Warren Buffett is set to indirectly bet on a tiny nation that's the world's fastest-growing economy and an emerging oil superpower
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    Schwab Won’t Raise Rates on Bank Sweep Accounts, President Says
    Charles Schwab sweeps customers' uninvested cash into sweep accounts that pay just 0.45%, a point of consternation for some customers and financial advisors.  ( 22 min )
    Treasury Rates Jump as Poor Auction Puts Focus on November Sales
    (Bloomberg) -- Treasury yields rose, retracing about half of their declines from multiyear highs reached earlier in the week, amid expectations that auction size increases will be announced next week.Most Read from BloombergTrump Signals Support for Johnson’s Bid to Become House SpeakerChina Developer Country Garden Deemed in Default on Dollar Bond for First TimeControversial Chip in Huawei Phone Produced on ASML MachineBig Tech Leads Losses as Treasuries Under Pressure: Markets WrapNobody Wants  ( 32 min )
    If You Invested $10,000 In Tanger Factory Outlet Centers 5 Years Ago, Here's How Much You Would Be Making In Dividends Today
    When considering the purchase of dividend stocks, total return is not just about the present price versus the price an investor paid for the shares. Total return includes appreciation plus the dividends received and the return may differ, depending on whether the investor collects or reinvests the dividends. The dividends paid on a stock can vary over time. While a temporary cut or suspension of a dividend can hurt the share price, improving performance can make up for that over time. Take a loo  ( 35 min )
    Top Dividend Stocks: Western Midstream's Jaw-Dropping 8.3% Yield Entices
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    Betting On An Oil crisis? These Top Oil Stocks Could Generate Double-Digit Returns
    Escalating tensions in the Middle East have caused oil prices to spiral again, with West Texas Intermediate crude rising by nearly 2% earlier this week. As the Israel-Hamas fight intensifies, many analysts predict regional oil production to be significantly impacted in the near term. While Israel is not a major global oil supplier, the regional tensions have caused the oil market to be "fraught with uncertainty," according to the International Energy Agency (IEA). "The conflict has certainly rai  ( 35 min )
    UAW appears to be moving toward a potential deal with Ford that could end strike
    The United Auto Workers union appears to be edging closer to a tentative contract agreement with Ford that would be critical to ending the union's 6-week-old strikes against the three major Detroit automakers, two people with knowledge of the talks said Wednesday. The people said the union made a counter-offer to Ford that proposes a 25% general wage increase over the life of a new four-year contract and said that negotiations on Tuesday extended well into Wednesday morning. Previously Ford, Stellantis and General Motors had all offered 23% pay increases.  ( 33 min )
    Analyst Report: Boyd Gaming Corp.
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    Analyst Report: SAP SE
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    Analyst Report: Visa Inc
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    Analyst Report: Texas Instruments Inc.
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    3 REITs That Are Incredibly Oversold Right Now
    It's not easy to be the salmon that swims upstream when all around you, the other fish are going the opposite way. In stock market investing, that's known as taking the contrarian approach because you believe that the market has gone too far to one extreme or another where everyone else is doing the same thing. The vast majority of investors now seem to be selling, and that can create a market condition in which stocks become technically "oversold." In technical analysis, a strategy that is usua  ( 35 min )
    Apple Stock Gets Price-Target Cut On Softening iPhone 15 Sales
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    Fed wants to lower 'swipe fees,' a potential blow to banks and credit card giants
    Companies like Visa, Mastercard and American Express would take a hit from a new Federal Reserve proposal that lowers debit-card fees paid by merchants.  ( 36 min )
    Meta earnings preview: Will the good times keep rolling?
    Meta will report its third quarter earnings on Wednesday after the bell.  ( 34 min )
    Oil Swings as Israel Delays Attack for US to Assemble Defenses
    (Bloomberg) -- Oil is poised for its longest losing streak since May on signs that the Israel-Hamas war will remain contained for the time being at least, easing concerns over supply disruptions in the Middle East. Most Read from BloombergTrump Signals Support for Johnson’s Bid to Become House SpeakerIsrael Latest: US Determines Israel Wasn’t Behind Hospital BlastChina Developer Country Garden Deemed in Default on Dollar Bond for First TimeNobody Wants Mutual Funds NowControversial Chip in Huawe  ( 33 min )
    Charlie Munger Points Finger At System Flaws Leading People To Make Poor Decisions: 'You Make It Easy to Steal By Your Own Sloppiness, You Will Cause A Lot of Good People To Go Bad'
    Berkshire Hathaway Inc. Vice Chairman Charlie Munger delivered a scathing analysis of systems characterized by short-term incentives during a 2011 interview at the University of Michigan's Ross School of Business. His insights into the consequences of poorly designed systems were notably candid. "Good people go bad because of the way the system is structured," Munger said. "If you run a big chain of stores and you make it easy to steal by your own sloppiness, you will cause a lot of good people  ( 35 min )
    More alarm bells sound on slowing demand for electric vehicles
    High interest rates are derailing the ambitions of climate regulators and automakers to accelerate the shift to electric vehicles, underscored Wednesday by the scrapping of a GM-Honda partnership and a warning from a battery maker. Electric vehicle sales are still growing strongly, but that demand is not keeping up with the expectations of carmakers and other companies that have invested billions of dollars in the EV space. Expectations for persistently higher interest rates has led companies to alter plans as they eye 2024 warily.  ( 34 min )
    Tesla Stock: Elon Musk’s Warnings Are a Red Flag for the Entire EV Industry, Says Morgan Stanley
    Tesla’s (NASDAQ:TSLA) Q3 conference call was one for the ages. While the EV leader’s results were conclusively disappointing, the call itself featured ominous warnings from CEO Elon Musk on the state of the global economy, the higher interest rate environment and the difficult road ahead for the Cybertruck’s production. Shares duly tanked as investors digested an uncertain future for the undisputed EV leader. In fact, Morgan Stanley analyst Adam Jonas makes the case that Tesla’s dire outlook cou  ( 34 min )
    Rich Californians May Lose Access to This Profitable Tax Loophole
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    How Can I Guard My Assets From Nursing Homes?
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    Ask an Advisor: I'm a 43-Year-Old Divorced Dad With $315K in an IRA, $90K in a Roth and Other Accounts. Can I Retire at 57?
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    Ask an Advisor: I Want to Give Money to My Son and Daughter-in-Law. How Much Money Can I Give Away Without ‘Incurring a Tax Issue With the IRS?'
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    Ask an Advisor: I Don't Need Them ‘Dumped Into My Checking Account.' What Can I Do With RMDs?
    I am approaching the time when I'll take required minimum distributions (RMDs) from my individual retirement account (IRA). I am in a quandary about what I can do with this anticipated largesse of cash. I do not necessarily need the … Continue reading → The post Ask an Advisor: I Don't Need Them ‘Dumped Into My Checking Account.' What Can I Do With RMDs? appeared first on SmartAsset Blog.  ( 34 min )
    Meta’s Earnings Are Coming Today. Here’s What to Expect
    Shares of Facebook and Instagram parent Meta Platforms slipped in morning trading Wednesday, ahead of the social-media giant’s quarterly earnings, which are expected after the market close. Investors will watch for signs of the health of the company’s advertising business, along with growth at the  ( 24 min )
    30-Year Mortgage Rates Drop to Lowest Level in Over a Week
    Rates on 30-year mortgages have continued their yo-yo pattern—this time with a notable drop to fall further below the 23-year peak they registered last week.  ( 21 min )
    Dow Jones Falls Ahead Of Powell Speech; Alphabet Dives On Earnings, Meta Results Next
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    Stock market news today: S&P 500, Nasdaq tumble as Google slides
    The Google parent's cloud business fell short in its earnings, spreading some gloom for megacaps already under pressure from rising yields.  ( 37 min )
    Stock market news today: Nasdaq tumbles as Google slides, Microsoft jumps after earnings
    The Google parent's cloud business fell short in its earnings, spreading some gloom for megacaps already under pressure from rising yields.  ( 36 min )
    Intel Q3 earnings preview: PC sales and datacenter business in focus
    Intel will report its Q3 earnings after the bell Thursday, as Wall Streets looks for signs that the PC market is recovering.  ( 34 min )
    Block, PayPal Stocks Are Dropping. What’s Shaking the Fintech Sector.
    Payments stocks are falling early Wednesday. A warning from Worldline, a major European payments company, is sending jitters through the industry.  ( 16 min )
    Thermo Fisher Slumps After Medical Behemoth Cuts Its 2023 Outlook — Again
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    New hires are considering quitting within the first 6 months because of these 3 onboarding issues
    Bad onboarding is leading to higher quit rates for new employees.  ( 33 min )
    How To Profit From Amazon Stock After Earnings Report
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    SunPower Stock Is Tumbling. The Solar-Panel Maker Is Restating Results.
    SunPower is correcting statements for 2022, and the first two quarters of 2023 after finding accounting errors.  ( 17 min )
    Toyota Chairman Says People Are Finally Seeing the Reality About EVs
    Akio Toyoda said the electric-vehicle industry was coming to recognize that there isn’t a single answer to reducing carbon emissions.  ( 28 min )
    Boeing earnings: Aerospace giant trims 737 Max forecast due to production issue; maintains cash flow guidance
    Boeing reported a third quarter miss on both the top and bottom lines and cut its delivery forecast for its 737 Max narrowbody jet due to ongoing production issues. The aerospace giant did reaffirm its cash flow guidance, which gave shares a boost.  ( 34 min )
    U.S mortgage rates soar to highest in more than 23 years
    The 7.9% average contract rate for a 30-year fixed-rate mortgage during the week ended Oct. 20 was up 20 basis points from the prior week, the Mortgage Bankers Association said. "These higher mortgage rates are keeping prospective homebuyers out of the market and continue to suppress refinance activity." The 30-year fixed rate mortgage is up 81 basis points since then, tracking a similar rise in the yield on the 10-year Treasury note, the main benchmark for longer-term U.S. borrowing rates.  ( 33 min )
    BofA’s DeMare Warns on ‘Dangerous’ Effects of Yields at 5%
    (Bloomberg) -- Bank of America Corp.’s Jim DeMare warned of the knock-on effects of short-term Treasury yields at 5% and said higher interest rates are having a “dramatic change” on the biggest global industry trends.Most Read from BloombergIsrael Latest: US Determines Israel Wasn’t Behind Hospital BlastTrump Ally Mike Johnson Becomes Latest GOP House Speaker NomineeChina Developer Country Garden Deemed in Default on Dollar Bond for First TimeNobody Wants Mutual Funds NowBig Tech Earnings Whipsa  ( 33 min )
    Boeing loses $1.6 billion on fewer deliveries of airliners and higher costs for Air Force One jets
    Boeing reported a $1.64 billion loss for the third quarter on Wednesday as it delivered fewer copies of its best-selling plane and sunk more money into building two new Air Force One presidential jets. The aircraft maker lowered its forecast of 737 Max production to between 375 and 400 planes this year, down from a previous estimate of 400 to 450. Boeing said production and deliveries of 737s will be slowed as it does inspections and additional work to fix a pressure-sealing section of the planes.  ( 33 min )
    Investors Scurry To Buy 14 Soaring Stocks As Market Sells Off
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    Another Day, Another Stock-Price Collapse for European Fintech
    The painful repricing of Europe's financial-technology sector continues. Shares in French payments firm Worldline plunged 59% Wednesday, knocking roughly $4 billion off its market value, after the company cut its revenue forecasts for this year. Peers also fell steeply. Adyen in the Netherlands  ( 24 min )
    Stock market news today: Nasdaq, S&P 500 futures fall as Alphabet casts cloud
    The Google parent's cloud business fell short in its earnings, spreading some gloom for megacaps already under pressure from rising yields.  ( 34 min )
    Thermo Fisher Stock Slumps After Sales Miss and Outlook Is Slashed Again
    Thermo Fisher, the leading maker of scientific equipment, slashes its guidance for the second consecutive quarter, citing a challenging macro environment.  ( 15 min )
    Ask an Advisor: I'm 67 With $218k in an IRA. Should I Start My Withdrawals Now to Reduce Future RMD Taxes?
    I’m turning 68 shortly and plan to wait to claim my Social Security at age 70 to maximize the monthly benefit. I also plan to retire at the end of the year, if not sooner (so in three months or less). Does withdrawing from my traditional IRAs (current balance is $215,000) to reduce the income […] The post Ask an Advisor: I’m 67 With $218k in an IRA. Should I Start My Withdrawals Now to Reduce Future RMD Taxes? appeared first on SmartReads by SmartAsset.  ( 35 min )
    Wall Street CEOs are sounding even more somber about the near future
    Some of Wall Street's top executives offered new warnings this week about the economy, the appetite for deal making and the state of the world.  ( 35 min )
    Worldline shares halve on European economy warning
    French payments group blames deteriorating economic outlook in Germany for hit to profits  ( 5 min )
    Column: How Walgreens, CVS and Rite Aid tried to take over healthcare — and failed
    The pharmacy chains have discovered that taking a larger role in the healthcare system than simply dispensing prescriptions and selling over-the-counter notions is more complicated and costlier than they expected.  ( 38 min )
    These Stocks Are Moving the Most Today: Microsoft, Alphabet, Texas Instruments, Teladoc, SunPower, Boeing, Meta, and More
    Fiscal first-quarter revenue at Microsoft's Azure cloud business rises 29%, while Google Cloud revenue misses forecasts. Boeing, Meta Platforms, and IBM are scheduled to report earnings Wednesday.  ( 21 min )
    The reason weight loss drug use tomorrow is such a problem for investors today
    Weight loss drugs have become a new risk for a variety of companies, even if the eventual size of the market remains speculative.  ( 35 min )
    Piper Sandler Says the S&P 500 Could Still Surge 14% in 2023 — Here Are 2 Stocks to Keep an Eye On
    In recent times, the markets have been hit by a combination of persistent headwinds that have been dragging it down. Elevated interest rates, surging oil prices, and geopolitical concerns have all played their part in keeping sentiment low. But now, with the S&P 500 having retreated by 8% from the 52-week high of 4,607, Piper Sandler’s chief market technician Craig Johnson thinks various indicators are signaling that stocks are in oversold territory, positioning the benchmark index to push highe  ( 36 min )
    Your ‘Set It and Forget It’ 401(k) Made You Rich. No More.
    Stock-and-bond portfolios that worked for the past 40 years aren’t ready for what’s coming.  ( 27 min )
    Why the Shine Has Come Off Clean-Energy Stocks
    Pressures created by rising interest rates are outweighing supportive government policies.  ( 29 min )
    Strongest US Economic Growth Since 2021 Puts Fed in Tough Spot
    (Bloomberg) -- The US economy likely expanded in the third quarter at the fastest clip in nearly two years, a surprising acceleration primarily powered by a consumer reaping the benefits of resilient job growth, rising wealth and easing inflation.Most Read from BloombergIsrael Latest: US Determines Israel Wasn’t Behind Hospital BlastNobody Wants Mutual Funds NowTrump Ally Mike Johnson Becomes Latest GOP House Speaker NomineeChina Developer Country Garden Deemed in Default on Dollar Bond for Firs  ( 34 min )
    US spot Bitcoin ETFs — crypto’s silver bullet?
    Amid news, fake or otherwise, of an imminent approval for at least one spot Bitcoin ETF, Bitcoin’s price has skyrocketed. Could a year of pain in the crypto industry be over?  ( 37 min )
    This Bizarre Fund Is Mostly Invested in 1 Stock—and It’s Beating the S&P 500 This Year
    Bruce Berkowitz manages the $1.3 billion Fairholme Fund. It’s up 33% this year but has a bizarre portfolio design and management structure.  ( 20 min )
    Eli Lilly’s Obesity Drug Has Big Potential. One Way to Play the Stock.
    Eli Lilly’s Mounjaro diabetes drug is expected to soon be approved to treat obesity. The pharmaceutical company’s stock is trading in an interesting technical pattern.  ( 19 min )
    Shares in French payment company Worldline sink by 50% as it cuts targets
    French payment company Worldline on Wednesday reported an organic growth of 4.8% in third-quarter revenue, boosted by its merchant services segment, which grew organically by 7.6%. The digital payment and transactions solutions provider generated revenue of 1.18 billion euros ($1.25 billion) in the quarter, up from 1.13 billion in the year-ago period. ($1 = 0.9432 euros)  ( 32 min )
    Meta Reports Earnings Today. Watch for the Story in Ad Revenue.
    The Street projects Meta will post quarterly sales of $33.5 billion, up 21% from a year ago, with profits of $3.61 a share, up from $1.64.  ( 21 min )
    Vietnam's Vinfast committed to selling EVs to US despite challenges, intense competition
    Vietnamese automaker Vinfast plunged right into the crowded and hypercompetitive U.S. auto market, gambling that if it can sell its electric vehicles to finicky Americans, it can succeed anywhere. Its CEO Le Thi Thu Thuy said in a recent interview with The Associated Press that the U.S. market is “difficult.” It has sold just 2,009 electric vehicles in the U.S., less than 1% of total of total U.S. EV sales, according to Motorintelligence.com.  ( 40 min )
    A biotech firm founded by Vivek Ramaswamy turned $15 million into $5 billion by flipping a bowel-disease treatment that Pfizer gave it for free
    Pfizer will still benefit from the 25% stake it retained as well as full rights to the drug outside the US and Japan.  ( 34 min )
    There's nothing stopping the 10-year Treasury from continuing to surge, market forecaster says
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    Google’s ad business beat expectations but Cloud miss knocks stock in after-hours trading
    Google released its Q3 earnings on Tuesday that largely beat Wall Street's expectations, although a miss on cloud revenue sent its stock sliding in after hours trading.  ( 35 min )
    2 ‘Strong Buy’ Chip Stocks From Wall Street’s Top Tech Analyst
    This year has seen a strong bullish trend that has hit the skids in the last couple of months, resulting in a pullback from recent highs and an increase in volatility. For the retail investor, the main result is a tougher environment for finding just the right stock. That’s where Wall Street’s top analysts come in. These stock pros have built solid reputations for finding those right stocks – in any conditions. Covering the tech sector for Needham, analyst Quinn Bolton stands head and shoulders  ( 36 min )
  • Open

    What They’re Saying: How Student Loan Payment Resumption Hit Corporate Bottom Lines
    The companies student loan borrowers do business with are closely monitoring how much money people are diverting to payments.  ( 1 min )
    S&P 500 Gains and Losses Today: Tech Stocks Tumble After Alphabet's Earnings Report
    The S&P 500 dropped 1.4% on Wednesday, Oct. 25, 2023, with Alphabet's earnings report and rising borrowing costs pressuring tech stocks.  ( 1 min )
    Why ADP Shares Tumbled 9% Despite Fiscal Q1 Bottom-Line Beat
    Shares of ADP fell 9% Wednesday as a mixed earnings report from the payroll services provider failed to satisfy investors. Revenue fell just short of expectations, despite an EPS beat.  ( 1 min )
    Millennials Are At Peak Homebuying Age and More Demand Could Be On the Way
    The millennial generation is now driving the U.S. housing market, with an added 7.4 million purchases since 2018.  ( 1 min )
    Investing in Cryptocurrency ETFs: Bitcoin Futures vs. Ether Futures
    Investing in cryptocurrency ETFs? Here’s what you need to know about bitcoin futures ETFs and ether futures ETFs.  ( 1 min )
    Microsoft Shares Jump as Cloud Revenue Boosts Earnings
    Microsoft Corp.'s fiscal first-quarter earnings showed a surprise improvement in its Azure cloud segment.  ( 1 min )
    Markets Mixed at Midday as Google Parent Alphabet Drags Down Tech Sector
    U.S. equities were mixed at midday on Wednesday, Oct. 25, 2023, as the tech sector lost ground after Google parent Alphabet reported lower-than-expected cloud revenue.  ( 1 min )
    Stocks & Bond News, Trading News, ETF News
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    Dow Jones Today: Futures Mixed After Big Tech Earnings; Treasury Yields Inch Higher
    Stock futures were mixed in premarket trading Wednesday as Microsoft stock soared on its earnings beat, while a foggy cloud outlook sent Google-parent Alphabet tumbling.  ( 1 min )
    5 Things to Know Before Markets Open
    Shares of Google parent Alphabet fell after the search giant’s cloud revenues came in lower than expected and Microsoft shares pushed higher after it was able to grow its Azure cloud business. Here’s what investors need to know today.  ( 1 min )
  • Open

    Shell-topman schrapt tweehonderd banen in duurzame energie
    Shell gaat tweehonderd banen schrappen die te maken hebben met duurzame energie. Ook gaat het olie- en gasconcern de activiteiten op het gebied van lichte waterstofvoertuigen verminderen. In plaats daarvan wil het zich meer op zwaar transport en industrie richten.  ( 9 min )
    Apple gooit prijs voor streamingdienst Apple TV+ flink omhoog
    Klanten van Apple TV+ gaan bijna 43 procent meer betalen voor hun abonnement in de Verenigde Staten. De prijs gaat van 6,99 dollar naar 9,99 dollar per maand. In Nederland gaan de prijzen min of meer in vergelijkbaar tempo omhoog.  ( 8 min )
    Ook blauwtong in Zeeland, waardoor virus nu in alle provincies heerst
    In de Zeeuwse plaats Waarde zijn dieren gevonden die besmet zijn met het blauwtongvirus. Dat betekent dat het virus op dit moment in alle Nederlandse provincies actief is. Dat meldt de Nederlandse Voedsel- en Warenautoriteit (NVWA) woensdag.  ( 9 min )
    Grens voor Nationale Hypotheek Garantie gaat opnieuw fors omhoog
    De grens voor een hypotheek met Nationale Hypotheekgarantie (NHG) gaat omhoog vanaf 1 januari. Dat betekent dat mensen straks financiële bescherming kunnen krijgen bij het kopen van een huis tot aan 435.000 euro.  ( 10 min )
    Meeste Nederlanders zien heil in meer belasting op vervuilend gedrag
    Nederlanders met verschillende politieke voorkeuren steunen belastingverhogingen op vliegreizen en nieuwe spullen, laat nieuw onderzoek zien. 'De vervuiler betaalt' is daarbij het uitgangspunt. Maar de overheid moet wél investeren in betaalbare alternatieven.  ( 11 min )
    Grens voor Nationale Hypotheek Garantie gaat volgend jaar weer omhoog
    De grens voor een hypotheek met Nationale Hypotheekgarantie (NHG) gaat omhoog vanaf 1 januari. Dat betekent dat mensen straks financiële bescherming kunnen krijgen bij het kopen van een huis tot aan 435.000 euro.  ( 9 min )
    China weert Nederlands vlees vanwege uitbraak blauwtong
    China heeft de import van rund- en schapenvlees uit Nederland verboden vanwege de verspreiding van het blauwtongvirus. Officieel geldt het verbod voor alle herkauwende dieren en voor producten die van de dieren worden gemaakt.  ( 8 min )
    Omstreden geldwisselkantoor Suri-Change is vergunningen kwijt
    Het omstreden Rotterdamse geldwisselkantoor Suri-Change mag haar werkzaamheden niet meer uitvoeren. De Nederlandsche Bank (DNB) heeft de vergunningen van het kantoor Suri-Change ingetrokken.  ( 9 min )
    Veel Nederlanders in armoede doordat ze aanvullende uitkering niet aanvragen
    Tienduizenden Nederlanders leven onder het sociaal minimum doordat ze geen aanvullende uitkering aanvragen terwijl ze hier wel recht op hebben. Dat meldt de Arbeidsinspectie, die onbekendheid van de maatregel als een belangrijke oorzaak ziet.  ( 9 min )
    ABN AMRO stelt verwachting bij: huizenprijzen stijgen volgend jaar toch wel
    Onderzoekers van ABN AMRO verwachten inmiddels tóch dat de woningprijzen volgend jaar weer gaan stijgen. De huizenprijzen zijn eerder gestopt met dalen dan eerder werd gedacht, onder meer door stijging van de lonen en vertraging van nieuwbouw.  ( 9 min )
    Cloud- en AI-diensten doen het goed bij Microsoft, maar stellen teleur bij Google
    Clouddiensten en kunstmatige intelligentie hebben Microsoft het afgelopen kwartaal geen windeieren gelegd. Maar Google-moederbedrijf Alphabet heeft er juist minder van geprofiteerd dan voorheen.  ( 9 min )
    Finland vist anker op bij plek waar gaspijplijn is kapotgegaan
    De breuk in een gaspijplijn tussen Finland en Estland is mogelijk veroorzaakt door een anker. Finland meldt dat onderzoekers vlak bij de plek van de breuk een anker hebben opgevist. Wellicht was dat anker van een Chinees containerschip.  ( 8 min )
    Finland vist anker op bij plek waar gaspijplijn kapot ging
    De breuk in een gaspijplijn tussen Finland en Estland is mogelijk veroorzaakt door een anker. Finland meldt dat onderzoekers vlak bij de plek van de breuk een anker hebben opgevist. Wellicht was dat onderdeel van een Chinees containerschip.  ( 8 min )
    Slecht weer en hogere prijzen maken Heineken-bier minder populair
    Door het matige zomerweer in delen van Europa is er minder bier gedronken en dat ziet Heineken terug in zijn cijfers. Ook door de hogere prijzen heeft de Amsterdamse brouwer minder verkocht.  ( 8 min )
    Inflatiecorrectie stuwt winst van KPN, maar gaat ten koste van klanttevredenheid
    KPN heeft een goed derde kwartaal achter de rug. De winst steeg met 6,5 procent, mede doordat de provider in juli een flinke inflatiecorrectie heeft doorgevoerd. Klanten waren volgens het telecombedrijf minder blij met die prijsverhoging.  ( 9 min )
    UWV: Meer arbeidsmigratie nodig door groot personeelstekort
    Er zijn op dit moment meer vacatures dan werkzoekenden. En die krapte op de arbeidsmarkt kan de komende jaren nog erger worden, verwacht het UWV. Daarom moeten we alle oplossingen voor die krapte met beide handen aanpakken, ook het inzetten van meer arbeidsmigranten.  ( 11 min )
    Webwinkels vaak onbereikbaar voor klanten door ontbreken contactgegevens
    Grote webwinkels hebben vaak geen telefoonnummer of mailadres voor klanten op hun site staan, terwijl ze dit wel verplicht zijn. Dat concludeert de Consumentenbond na onderzoek bij de honderd grootste webshops van Nederland.  ( 9 min )
    Stelling | 'Ik zou meedoen aan een staking tegen de loonkloof'
    Op IJsland werd dinsdag aandacht gevraagd voor de loonkloof tussen mannen en vrouwen. Veel IJslandse vrouwen, onder wie premier Katrín Jakobsdóttir, legden daarom hun werk neer. Vandaag is daarom de stelling: 'Ik zou meedoen aan een staking tegen de loonkloof.'  ( 7 min )
    Amerikaanse staten klagen Meta aan wegens psychische schade door Facebook
    Meer dan twintig Amerikaanse staten klagen Meta aan. Ze vinden dat het moederbedrijf van Facebook en Instagram jonge gebruikers uitbuit voor winst en hen blootstelt aan schadelijke inhoud.  ( 8 min )
    UWV: Meer arbeidsmigratie onvermijdelijk door groot personeelstekort
    Er zijn op dit moment meer vacatures dan werkzoekenden. En die krapte op de arbeidsmarkt kan de komende jaren nog erger worden, verwacht het UWV. Daarom moeten we alle oplossingen voor die krapte met beide handen aanpakken, ook het inzetten van meer arbeidsmigranten.  ( 10 min )
  • Open

    Boeing Cuts Outlook for 737 Max Deliveries Because of Fuselage Issue
    Boeing reduced its estimate for 737 Max deliveries this year because of inspections for a potential fuselage problem.  ( 1 min )
    Apple Surprisingly Supports White House "Right to Repair" Law
    The White House and consumer electronics giant Apple (AAPL) have become unlikely allies in pushing for a national “right to repair” law that would require manufacturers to support independent repair shops and consumers in fixing broken devices.  ( 1 min )
    Alphabet Shares Tank On Cloud Earnings Miss But Analysts Say Investors Needn't Worry
    Shares of Google parent Alphabet tumbled more than 9% in intraday trading Wednesday after the tech giant's cloud revenue fell short of expectations in the third quarter, but analysts say investors needn't worry.  ( 1 min )
    SEC Charges Blackrock Over Investment Fund Disclosures
    The Securities and Exchange Commission has charged investment manager Blackrock for failing to properly disclose entertainment investments in a fund it advised.  ( 1 min )

  • Open

    Loss Disallowance Rule (LDR): What it is, How it Works
    The loss disallowance rule limits a corporation's ability to claim the losses of a subsidiary business for tax purposes.  ( 20 min )
    Top CD Rates Today: Lock in 6.50% for 8 Months, or 6% for a Year or More
    The three best CD rates available nationwide are 6.50% from Financial Partners Credit Union, 6.00% from Credit Human, and 5.80% from Seattle Bank.  ( 19 min )
    Microsoft Beats Analyst Predictions for Fiscal Q1 On Strong Cloud Growth
    Microsoft (MSFT)'s fiscal first-quarter earnings beat analysts' expectations as the company's Azure cloud computing segment grew more than predicted.  ( 17 min )
    Self-Employment Tax: Definition, How It Works, and How to File
    Self-employment tax is the tax that a sole proprietor or freelancer must pay to the federal government to fund Medicare and Social Security.  ( 25 min )
    Personal Loan Rates & Trends, Week of Oct. 23, 2023: Rates Increase Again
    Personal loan rates edged up to 21.04% this week, adding 3 basis points since last week when the average personal loan rate stood at 21.01%.  ( 18 min )
    Visa Tops Analyst Earnings Predictions as Consumer Spending Stays Strong
    Record-high levels of credit card debt, a return to pre-pandemic levels of delinquency, and speculation on action by the Fed and U.S. lawmakers to limit fees and credit card interest rates could temper Visa's future performance.  ( 18 min )
    New Federal Rule Restricts Colleges Withholding Transcripts For Unpaid Debt
    Colleges will be banned from the controversial practice of withholding transcripts from students over unpaid bills under finalized rules announced by the Department of Education Tuesday.  ( 18 min )
    Coalition of 33 States Sues Meta Platforms for Harming Children's Mental Health
    A coalition of 33 states, along with nine attorneys general who filed separate lawsuits, sued tech giant Meta Platforms on Tuesday, alleging the company's social media platforms harm children and teenagers.  ( 18 min )
    How to Give an Exchange-Traded Fund (ETF) as a Gift
    Shares of Exchange-Traded Funds (ETFs) make a great gift because they offer diversified investment exposure and the potential to grow in value.  ( 30 min )
    Top Reasons for a Personal Loan
    While there are plenty of good reasons to take out a personal loan, thanks in large part to their versatility, there are also a few scenarios where it might be a bad idea.  ( 26 min )
    Alphabet Posts Strong Q3 Earnings on Robust Search, YouTube Ad Spend
    Google Bard has also helped to stave off concerns about a large-scale shift away from Google Search, although an ongoing antitrust trial may be impactful.  ( 19 min )
    S&P 500 Gains and Losses Today: Verizon, 3M Earnings Help Power Index Higher
    The S&P 500 added 0.7% on Tuesday, Oct. 24, 2023, amid strong corporate earnings news and anticipation of the reports coming from big tech firms this week.  ( 16 min )
    Old Age, Survivors, Disability Insurance (OASDI) Program Basics
    The Old-Age, Survivors, and Disability Insurance (OASDI) program is the official name for Social Security in the United States.  ( 26 min )
    How Inflation Made the Middle Class Richer
    Before you complain about inflation, consider that it made the typical middle-class family $14,300 richer over the 36 years leading up to the pandemic.  ( 18 min )
    RTX Shares Jump After Earnings Beat, Stock Buyback, and Engine Inspection Update
    RTX beat profit and sales estimates, announced a stock buyback, and gave an optimistic update on inspections of a jet engine forced out of service for a potential problem.  ( 17 min )
    How Warner Bros. Discovery Makes Money
    Warner Bros. Discovery makes the majority of its revenues through its distribution activities  ( 21 min )
    Americans Are Wealthier Than Ever. Why Do They Feel Worse About Their Finances?
    Americans are, by almost every measure, richer than ever on average. Yet, when asked about our finances in surveys, we’re feeling worse off.  ( 20 min )
    How to Give Bonds as a Gift
    Gifting a bond can boost the future finances of the recipient and, in the meantime, teach them a useful lesson about managing money.  ( 31 min )
    Spotify Shares Jump After Posting a Surprise Profit on Higher Prices and Cost Cuts
    Spotify posted a surprise profit and exceeded revenue estimates as it raised prices and reduced expenses.  ( 17 min )
    What Credit Score Do You Need for a Personal Loan?
    Credit score requirements for personal loans vary by lender, but borrowers with good or excellent credit typically have a better chance of qualifying for the best rates and terms.  ( 26 min )
    GM Pulls Full-Year Guidance as UAW Strike Expands, Hitting Profits
    General Motors withdrew its full-year guidance in the company’s third-quarter earnings report amid uncertainty surrounding an ongoing strike by the United Auto Workers union.  ( 18 min )
    Balance Transfer vs. Personal Loan: What’s the Difference?
    Balance transfers and personal loans can help improve your finances, but they are different products. A balance transfer focuses on moving your debt from one creditor to another, usually for a lower interest rate, while a personal loan is a new debt.  ( 27 min )
    Oil, Gas, and Coal Demand Could Peak Before 2030, IEA Says
    The IEA suggested momentum toward clean energy could lead global demand for coal, oil, and gas to peak before 2030.  ( 17 min )
    Personal Loan vs. Debt Consolidation Loan: What’s the Difference?
    While a debt consolidation loan can be a personal loan, business debt consolidation loans are also available. Additionally, there are more kinds of personal loans than just debt consolidation loans.  ( 25 min )
    Mortgage Rates Rise Back Up, But Stop Short of Historic Peak
    Rates on 30-year mortgages rose again, though they've stayed below the 23-year high they reached early last week. Rate averages were mixed across other loan types.  ( 19 min )
    Stellantis and Orano To Enter EV Battery Recycling Joint Venture
    The automaker and nuclear fuel cycle company's joint venture is aimed at securing materials needed to build electric vehicles (EVs), and is set to begin production in 2026.  ( 17 min )
    Bitcoin vs. Ripple Labs: What's the Difference?
    Here are the key differences between Bitcoin and Ripple's XRP, both popular decentralized cryptocurrency systems.  ( 25 min )
    When and How Can Spread Betting Be Profitable
    Providing tax-free income in some countries, spread betting can be highly profitable. Investopedia provides important points for success.  ( 25 min )
    Logitech Shares Spike After Reporting Profit Jumped as the PC Accessory Maker Cut Costs
    Logitech shares spiked after the PC equipment supplier reported profit soared and it raised its guidance on lower expenses.  ( 17 min )
    5 Steps to Open a Certificate of Deposit (CD)
    There are several important factors to consider when choosing a certificate of deposit (CD). In this guide, we'll explain what you need to know.  ( 23 min )
    Short Selling vs. Put Options: What's the Difference?
    Short selling and put options are used to speculate on a potential decline in a security or index or to hedge downside risk in a portfolio or stock.  ( 28 min )
    The Truth About Naked Short Selling
    Some pundits demonize naked short selling, but it usually occurs after a collapse, not before.  ( 24 min )
    Markets Jump at Midday After Strong Earnings Amid Anticipation of Tech Reports
    U.S. equities rose at midday on Tuesday, Oct. 24, 2023 following strong earnings reports and ahead of updates from big tech companies including Microsoft and Google parent Alphabet.  ( 16 min )
    More Subprime Borrowers Are Falling Behind On Car Loans As Payments Surge
    As monthly car costs have soared, struggling borrowers are falling behind on their payments at the highest rates on record.  ( 17 min )
    3M Beats Estimates and Raises Its Outlook on Higher Prices and Cost-Cutting Measures
    3M beat profit and sales estimates and boosted its guidance on price hikes and expense reductions.  ( 17 min )
    EBITDA: Definition, Calculation Formulas, History, and Criticisms
    EBITDA, or earnings before interest, taxes, depreciation, and amortization, is an alternative measure of a company's overall financial performance.  ( 29 min )
    The 6 Signs of an Economic Recovery
    For all the talk of whether the economy is recovering or sinking, what should a recovery actually look like? Here are six signals that may indicate a turnaround.  ( 24 min )
    What Is the Average Length of a Car Loan?
    The average length of a car loan is 72 months, which is six years but can vary from as short as 12 months to as long as 96 months.  ( 23 min )
    How to Get Approved for a Small Business Grant
    Cash grants for small businesses are available from the federal government, state or local governments, and some private companies, although the competition for them can be fierce. Here is what you need to know to get approved for one  ( 26 min )
    Wells Fargo Savings Account Interest Rates: October 2023
    Wells Fargo offers two types of savings accounts, but the rates are low unless you carry a large balance.  ( 22 min )
    SoFi Savings Account Interest Rates: October 2023
    SoFi savings account interest rates are above average and the financial services company charges no bank fees—two reasons this savings option is worth considering.  ( 26 min )
    USAA Savings Account Interest Rates: October 2023
    USAA offers a few different savings accounts, but the rates are relatively low. Compare USAA to top competitors and find the best savings account for your needs.  ( 24 min )
    U.S. Bank Savings Account Interest Rates: October 2023
    Check U.S. Bank’s current savings account interest rates, and see how they compare to the top accounts in the market today.  ( 21 min )
    TD Bank Savings Account Interest Rates: October 2023
    You can earn a higher-than-average APY with a TD Bank savings account. But TD Bank only offers the highest interest rates on accounts with high balances.  ( 21 min )
    State Farm Savings Account Interest Rates: October 2023
    State Farm is more than just an insurance company. It offers banking services and competitive interest rates for its savings account.  ( 21 min )
    Marcus Savings Account Interest Rates: October2023
    Marcus by Goldman Sachs only offers a few account types, but what it does offer, it does well. Learn how you can benefit from its online high-yield savings account.  ( 22 min )
    LendingClub Savings Account Interest Rates: October 2023
    Through Lending Club’s high-yield savings accounts, you can earn a higher-than-average APY with no monthly service fees. All you need to get started is $100.  ( 21 min )
    E*TRADE Savings Account Interest Rates: October 2023
    E*TRADE savings account interest rates can't compete with the best, but high-net-worth individuals can benefit from its higher FDIC insurance coverage.  ( 20 min )
    Citibank Savings Account Interest Rates: October 2023
    Citi offers CDs, checking accounts, bank IRAs, and savings accounts. Learn more about its savings account rates, features, and account requirements.  ( 27 min )
    Charles Schwab Savings Account Interest Rates: October 2023
    Charles Schwab savings account interest rates are higher than the national average, and it doesn’t have monthly fees or minimum deposit requirements.  ( 21 min )
    Coca-Cola Posts Stronger-Than-Expected Earnings on Higher Unit Volumes
    Coca-Cola (KO) beat estimates on both the top and bottom line for the third quarter, as consumers ramped up their purchases of soft drinks and other beverages despite the company's price hikes.  ( 18 min )
    GE Raises Full-Year Guidance After Strong 3Q; Share Price Rises
    Growth rates slowed relative to the second quarter but remained strong on stable air travel and renewable energy demand.  ( 17 min )
    Verizon's Earnings Beat Driven By Home and Business Internet, Wireless Subscribers Fall
    Verizon home and business wireless business boosted third quarter earnings even as the telecom giant lost cellular subscribers.  ( 17 min )
    Canada Pension Plan (CPP): Overview, How to Apply, FAQs
    The CPP or Canada Pension Plan is one of three levels of the retirement income system responsible for paying retirement or disability benefits.  ( 28 min )
    Top Spread Betting Strategies
    Illegal in the U.S., spread betting is high risk but offers high-profit potential, zero taxes, high leverage, and wide-ranging bid-ask spreads.  ( 25 min )
    How Social Security Survivor Benefits Work
    Spouses, ex-spouses, children, and dependent parents can be eligible for Social Security survivor benefits.  ( 29 min )
    5 Things to Know Before Markets Open
    General Electric raised its forecast for 2023 earnings as rebounding air travel demand improved the jet engine maker’s aerospace business and Redfin shares surged after the real estate brokerage secured $250 million in financing. Here’s what investors need to know today.  ( 18 min )
    How Social Security Works After Retirement
    Here's how to maximize the Social Security benefits you receive and minimize the taxes you pay on them when you are in retirement.  ( 29 min )
    When Do I Stop Paying Social Security Tax?
    Most Americans have to pay Social Security tax for their entire working lives, but there are a few exceptions to that rule, as described here.  ( 24 min )
    How to Read a Pay Stub
    Your pay stub contains important information about your earnings and deductions for taxes, insurance, and more. Learn all of the elements included on a pay stub and how to properly understand them.  ( 28 min )
    How Private Equity and Hedge Funds Are Taxed
    Private equity firms and hedge funds benefit from several controversial provisions in the current U.S. tax code, including carried interest.  ( 26 min )
    Debtor Nation: What it Means, How it Works
    A debtor nation has negative net investment after recording all of the financial transactions it has completed worldwide.  ( 22 min )
    Marginal Utility vs. Marginal Benefit: What’s the Difference?
    Learn about the different implications of marginal benefit and marginal utility in economics.  ( 25 min )
    Small Business Tax Obligations: Payroll Taxes
    Don't leave it up to your accountant. Business owners are ultimately responsible for fulfilling state, federal, and local tax obligations and payroll taxes.  ( 28 min )
    Fisher College of Business Definition
    The Fisher College of Business is the business school at Ohio State University, located in Columbus, Ohio.  ( 21 min )
  • Open

    Texas Instruments Forecast Signals That Slump Is Persisting
    (Bloomberg) -- Texas Instruments Inc. gave a disappointing revenue forecast for the current period, indicating that demand remains sluggish for a broad range of electronic components, including industrial equipment.Most Read from BloombergIsrael Latest: US Determines Israel Wasn’t Behind Hospital BlastNobody Wants Mutual Funds NowBig Tech Earnings Whipsaw QQQ in Late Trading: Markets WrapAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantChina Ousts Defense Minister, Ending Mys  ( 35 min )
    Alphabet Earnings Beat Expectations. Why Its Stock Is Dropping.
    The Google parent reported revenue of $76.7 billion for its latest quarter, up 11% from a year ago.That wasn’t enough to lift the stock.  ( 18 min )
    Snap stock jumps more than 11% after earnings beat
    Snap has been going through a rough patch. But its Q3 earnings beat expectations.  ( 34 min )
    Snap stock jump more than 11% after earnings beat
    Snap has been going through a rough patch. But its Q3 earnings beat expectations.  ( 34 min )
    Texas Instruments Beat Earnings. Why Its Stock Is Dropping.
    An earnings beat wasn’t enough for Texas Instruments stock, which is down 11% this year, compared with the 32% rise for the iShares Semiconductor exchange-traded fund.  ( 15 min )
    The 2-Year Treasury Auction Saw Soft Demand. Why It Matters.
    Tuesday's auction of two-year Treasury notes saw tepid demand, signaling that investor enthusiasm for Treasuries continues to soften amid concerns about the federal deficit and the path of interest rates.  ( 19 min )
    Top CD Rates Today: Lock in 6.50% for 8 Months, or 6% for a Year or More
    The three best CD rates available nationwide are 6.50% from Financial Partners Credit Union, 6.00% from Credit Human, and 5.80% from Seattle Bank.  ( 21 min )
    Wall Street Bets Broadcom May Extend Stock Election Deadline for VMware Holders in Merger
    The companies plan to close on the transaction on Oct. 30. Investors appear to be betting that closing will be delayed.  ( 22 min )
    Nvidia says US sped up export curbs on AI chips
    Nvidia announced in a regulatory filing that the U.S. government sped up the implementation timeline for broader export controls on China's access to artificial intelligence chips.  ( 34 min )
    Block Stock: The Comeback is Underway, Says Deutsche Bank
    Block (NYSE:SQ) investors have had little to shout about this year. While other tech stocks have charged ahead, SQ shares have trended in the opposite direction; to wit, the stock has shed 28% of its value on a year-to-date basis. Sentiment has been low to such an extent that even after delivering a strong Q2 report boasting beats on both the top and bottom lines in addition to raising its operating income outlook, the less appealing aspects of the report took hold of the narrative. Assessing th  ( 34 min )
    Intel's Bold Move: Spinning Off Programmable Chip Unit To Compete With Taiwan's TSMC
    Driven by rising demand for chips in the pandemic era, semiconductor stocks have been one of the best-performing sectors over the past few years. The recent artificial intelligence (AI) boom propelled the need for semiconductors further, with chipmakers such as Nvidia Corp. (NASDAQ:NVDA) that cater to AI software becoming the biggest gainers. Intel Corp., which has long been the dominant chipmaker, has been restructuring its business to accommodate changing market dynamics. Intel has been laggin  ( 35 min )
    Visa Stock Rises On Earnings. 'Resilient Consumer,' Cross-Border Recovery Drive Payments Growth.
    No content preview
    According to Warren Buffett, You're Already A 'Million-Dollar Asset' — But He Says You Can Boost Your Value By 50% Or More With A Few Simple Self-Improvements
    Your talent can be your ticket to wealth. As the legendary Warren Buffett put it in a 2010 Forbes interview with Jay-Z, "You're a million-dollar asset." Buffett emphasizes that your talent is unique, and no one can take it from you — not inflation or taxes, and no external force can diminish the value of your abilities. Buffett makes an intriguing offer to students he encounters. "I would pay you $100,000 for 10% of your earnings for the rest of your life," he said. Don’t Miss: Until 2016 it was  ( 34 min )
    Boeing Earnings Are Coming. Focus on This Number.
    Boeing will report third-quarter earnings Wednesday morning. The company's results have been notably hard to predict in recent years. Investors should focus on cash flow.  ( 20 min )
    Nikola Stock Jumps on Judgement Against Founder Trevor Milton
    An arbitrator ordered Nikola’former CEO to pay it $165 million.s  ( 14 min )
    Tech billionaire Michael Dell just gifted $350 million of stock - days before he's set to pocket a huge windfall
    The Dell Technologies CEO and founder made a big donation ahead of Broadcom's takeover of VMware, which promises to deliver a big payday for him.  ( 33 min )
    The Last Time US Yields Rose So Much, It Sank the Economy Twice
    (Bloomberg) -- There’s a good reason why investors are amazed that something hasn’t broken in the economy yet: The last time US government bond yields climbed so far, so fast, the nation plunged into back-to-back recessions.Most Read from BloombergIsrael Latest: Blinken Says ‘Humanitarian Pauses’ Needed for AidAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantNobody Wants Mutual Funds NowXi Makes Unprecedented Central Bank Visit in Sign of Focus on EconomyBig Tech Props Up Sto  ( 33 min )
    Ford Earnings To Rebound. Will It Be The Next Auto Giant To Yank Guidance?
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    Microsoft Earnings Growth Accelerates on Stronger-Than-Expected Cloud Demand
    The company’s partnership with OpenAI has helped power new aritificial-intelligence businesses.  ( 28 min )
    Google Parent Alphabet’s Stock Falls Despite Better-Than-Expected Earnings
    Google parent Alphabet’s shares (GOOG, GOOGL) declined about 4% postmarket Tuesday after the tech giant released quarterly earnings results. Here is what Alphabet reported, versus FactSet consensus estima  ( 23 min )
    World at ‘tipping point’ following government debt binges, says HSBC boss
    The world is at a “tipping point” on debt that threatens to spark a global reckoning after years of government borrowing binges, the boss of HSBC has warned.  ( 34 min )
    Microsoft Trounces September-Quarter Goals On Cloud Computing Strength
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    RTX Shares Jump After Earnings Beat, Stock Buyback, and Engine Inspection Update
    RTX beat profit and sales estimates, announced a stock buyback, and gave an optimistic update on inspections of a jet engine forced out of service for a potential problem.  ( 19 min )
    Amazon Earnings Are Coming; Here’s What Wall Street Expects
    The tech giants are out in numbers this week with many of the market leaders reporting Q3 earnings. Amongst them will be Amazon (NASDAQ:AMZN) with the ecommerce behemoth slated to deliver its third-quarter financial statement on Thursday (Oct 26) after the close. Looking ahead to the results, Monness’ Brian White, a 5-star analyst ranked in the top 1% of Street experts, is looking for Amazon to deliver revenues of $142.34 billion (above the Street at $141.43 billion). White’s figure factors in a  ( 34 min )
    Texas Instruments Tops Third-Quarter Earnings Target But Sales Light
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    BlackRock Spot Bitcoin ETF Gets Ticker; Crypto Funds Jump
    Proposed ETF anointed IBTC, as iShares creates mechanism to seed fund with cash.  ( 33 min )
    Microsoft stock jumps on revenue, earnings beats
    Microsoft reported its Q1 earnings after the bell on Tuesday, as investors look for signs that its AI investments are paying off.  ( 34 min )
    'Bond King' Bill Gross sees a recession in the 4th quarter and reveals what he's doing with his money
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    As student loan repayment returns, some borrowers have sticker shock
    Borrowers, who were not required to make payments during the pandemic, found higher figures when they logged in loan servicers to start repaying .  ( 37 min )
    JPMorgan CEO Jamie Dimon: Central banks have been 'dead wrong'
    JPMorgan Chase CEO Jamie Dimon slammed central banks like the Federal Reserve for being "100% dead wrong" when they tried to paint inflation as "transitory" 18 months ago.  ( 34 min )
    The pain isn't over for stocks - weak earnings will drag the S&P 500 down another 8%, Morgan Stanley CIO warns
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    The road ahead gets bumpier for Tesla as DOJ deepens scrutiny
    Days after disclosing earnings that disappointed Wall Street, Tesla revealed that its automated driving systems are under deepening federal scrutiny.  ( 34 min )
    Johnson & Johnson Shares Skirt a 52-Week Low. Here’s What’s Ailing Healthcare.
    It’s been a tough year for the sector and Johnson & Johnson stock.  ( 22 min )
    Boeing Earnings: Smaller Losses, Cash Flow In Spotlight After Sweeping Deal
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    Verizon Stock Gains Over 8%
    Verizon (VZ) stock was on pace for its largest one-day percentage gain since 2008. Revenue for the third quarter was $33.3 billion, in line with analyst’s estimates, while earnings per share came in at $1.22, above estimates for $1.18. That is great news for investors, but bond yields are another  ( 12 min )
    Bill Gates Has Already Lost Millions On His Bud Light Comeback Bet
    Bill Gates, the seventh-richest person in the world according to the Forbes 2023 list, has been losing money on one of his latest investment bets. Gates, who amassed his wealth by cofounding and leading Microsoft Corp. for decades before retiring in 2008, has since focused on investing in private corporations and publicly traded companies. In the fiscal second quarter of 2023, Gates purchased over 1.7 million shares of Anheuser-Busch InBev (NYSE:BUD), maker of popular beer brands including Bud L  ( 35 min )
    Snap shares jump more than 11% after earnings beat
    Snap has been going through a rough patch. But its Q3 earnings beat expectations.  ( 34 min )
    Oil Extends Losses Below $84 as Israel Rethinks Ground Invasion
    (Bloomberg) -- Oil held near $90 a barrel after Monday saw the biggest drop since Hamas’s attack on Israel, amid signs the conflict will remain contained for the time being. Most Read from BloombergAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantChina Repeats Its View That Israel Must Protect CiviliansNobody Wants Mutual Funds NowXi Makes Unprecedented Central Bank Visit in Sign of Focus on EconomyDisney Said to Near Multibillion-Dollar Deal With RelianceGlobal benchmark Bre  ( 33 min )
    Nikola claws back $165 million from founder Trevor Milton
    Nikola Corp. has won $165 million in arbitration from convicted founder Trevor Milton, but it wants to recover attorney fees, too. The post Nikola claws back $165 million from founder Trevor Milton appeared first on FreightWaves.  ( 34 min )
    Cleveland-Cliffs CEO Stays Mum on Efforts to Buy U.S. Steel
    Cleveland-Cliffs CEO Lourenco Goncalves isn't commenting on the steelmaker's attempts to acquire rival United States Steel, citing an agreement with U.S. Steel to refrain from disclosing information about the nego  ( 24 min )
    This Is How High Americans' Net Worth Are at Every Age
    Measuring your own wealth can be a tricky thing but seeing how you compare with other households can be a useful way to assess your finances. The real financial benchmarks to measure, however, are your own. Are you achieving your goals? Are you on track to keep doing so in the future? Here are a […] The post Common Net Worth Statistics You Need to Know appeared first on SmartReads by SmartAsset.  ( 35 min )
    3 Permian Basin Hotshots Near Buy Points Amid Takeover Fever After ExxonMobil, Chevron Deals
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    How High Is the Average Americans' Net Worth at 50?
    The average net worth of an American household headed by a 50-year-old is $897,663, according to Federal Reserve data. This mid-career milestone highlights the importance of diligently building wealth over time. Understanding net worth benchmarks by age provides a measuring stick to gauge your own financial progress. With strategic planning and discipline, you can take […] The post What Is the Average Net Worth of a 50-Year-Old? appeared first on SmartReads by SmartAsset.  ( 34 min )
    UAW expands strike against GM, walking out of Texas SUV plant
    The United Auto Workers (UAW) union struck a General Motors assembly plant in Texas on Tuesday that builds the U.S. automaker's profitable full-size sport utility vehicles, in another significant expansion of the strike. The UAW said another 5,000 workers are going on strike.  ( 31 min )
    Amazon Stock Gets a New Buy Rating Ahead of Earnings. There’s More to It Than AWS.
    Amazon.com stock is still a buy after this year's robust gains, according to an analyst, who cited the company's cloud business and retail sales performance.  ( 17 min )
    Nikola awarded $165 million in arbitration proceeding with founder Trevor Milton
    Nikola Corp. has been awarded $165 million in an arbitration proceeding with its founder and former executive chairman, according to a regulatory filing. The electric and hydrogen-powered heavy truck maker said in a filing with the Securities and Exchange Commission that it sought reimbursement from Trevor Milton for costs and damages related to actions that were part of government and regulatory investigations, including a December 2021 SEC settlement and associated civil penalty. Milton previously pleaded not guilty to securities and wire fraud.  ( 33 min )
    Bitcoin surged above $35,000 to highest level since 2022
    Bitcoin pushed higher amid optimism about regulatory approval of a product that would allow investors to get exposure to the cryptocurrency without having to own it.  ( 35 min )
    DraftKings Stock Jumps on Upgrade. Analyst Team Is ‘Going All In.’
    MoffettNathanson lifted its rating on the sports betting company to Buy from Neutral.  ( 15 min )
    Microsoft’s Earnings Are Coming Today. Here’s What to Expect
    Shares of Microsoft ticked up in early trading Tuesday as investors prepared for the tech giant to report quarterly results after the closing bell. Investors will watch for updates about the state of its artificial-inte  ( 23 min )
    Bitcoin Price Roars Above $34,000 As Crypto Regains Confidence. Cathie Wood Cashes In.
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    Coinbase Stock Rallies With Bitcoin. How the Broker Fits Into the ETF Frenzy.
    Coinbase could benefit from spot Bitcoin ETF approvals, and not just because crypto is getting popular again.  ( 18 min )
    Bitcoin Price Jumps Above $34,500
    Bitcoin surged in value early Tuesday, extending a runup for the largest cryptocurrency. The digital token was recently quoted at about $34,597, up more than 9.5% from its late-Monday level, according to CoinDesk. A few hours earlier it had reached around $35,000. Crypto-related stocks also gained  ( 24 min )
    Vanguard Says Debt Investors Dreading Rates Rout Are Missing Out
    (Bloomberg) -- Vanguard Group Inc. has a message for investors waiting for the all-clear before returning to fixed income following a brutal rout this summer: “Shake it off.”Most Read from BloombergAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantChina Repeats Its View That Israel Must Protect CiviliansNobody Wants Mutual Funds NowXi Makes Unprecedented Central Bank Visit in Sign of Focus on EconomyDisney Said to Near Multibillion-Dollar Deal With RelianceThe world’s second-l  ( 33 min )
    ConocoPhillips Should Buy an Oil Stock After Chevron-Hess Deal. Here Are 2 Targets.
    ConocoPhillips could be the next U.S. energy company looking to make a big purchase, according to KeyBanc analysts. Here are the potential targets.  ( 16 min )
    We're 67, Have $2.5 Million Saved and $40k in Social Security Benefits. Can We Live on $100k Per Year?
    Picture this scenario: You and your spouse are both 67, have $2.5 million in savings and collect $40,000 in annual Social Security benefits. Is that enough to support a $100,000 lifestyle in retirement? This question is really multi-pronged. It’ll depend on when you both plan to retire, if you can you generate $100,000 per year […] The post We’re 67, Have $2.5 Million Saved and $40k in Social Security Benefits. Can We Live on $100k Per Year? appeared first on SmartReads by SmartAsset.  ( 34 min )
    Alphabet Q3 earnings preview: AI and cloud in focus, regulatory concerns grow
    Google parent Alphabet will report its Q3 earnings after the bell on Tuesday.  ( 34 min )
    RTX Stock Rallies On Earnings, Engine Defect Update. General Dynamics, Northrop Grumman To Report.
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    Investors Get Nvidia-Like Gains This Year On 6 Smallish Stocks
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    Danaher Tops Earnings and Revenue Estimates. The Stock Is Rising.
    Danaher posts third-quarter earnings of $2.02 a share on revenue of $6.87 billion.  ( 14 min )
    UPDATE 1-NextEra beats third-quarter profit on renewable energy strength
    NextEra Energy reported third-quarter profit that beat Wall Street estimates on Tuesday, on the back of additional projects at its renewable energy unit. NextEra, which generates more wind and solar power than any other company in the world, has benefited from a clean energy investment push in the U.S. that has received major policy support after the passage of the Inflation Reduction Act last year. "NextEra Energy Resources had its best renewables and storage origination quarter in its history, adding approximately 3,245 megawatts to its backlog, which now totals over 21 gigawatts, net of projects placed in service," said CEO John Ketchum.  ( 33 min )
    ‘Bond King’ Bill Gross says it’s time to stop betting against bonds and get ready for a economic slowdown: ‘Recession in 4th quarter’
    'Bond King' Bill Gross said a recession is coming for the U.S. economy in the fourth quarter.  ( 33 min )
    Verizon Shares Rise After Earnings Top Expectations
    Verizon Communications shares rose after the telecommunications company posted third-quarter results ahead of Wall Street expectations. Profit and earnings fell as the company faced pressure in its consumer and business operations. Verizon did increase its outlook for free cash flow for the year.  ( 23 min )
    Coca-Cola Earnings and Sales Rise, Boosted by Higher Prices
    Coca-Cola reported higher earnings and revenue for the third quarter, which was boosted by higher prices and a slight increase in sales volumes. The beverage giant lifted its outlook for the year in light of its performance so far this year, although it expects a stronger headwind from currency tra  ( 23 min )
    Coca-Cola Beats Earnings Estimates and Raises Guidance
    Coca-Cola expects full-year organic revenue growth of 10% to 11%.  ( 21 min )
    NextEra beats Q3 profit estimates on strength of utilities, renewables businesses
    NextEra Energy reported third-quarter profit that beat Wall Street estimates on Tuesday, on the back of additional projects at its renewable energy unit. On an adjusted basis, the company earned 94 cents per share in the reported quarter, compared with estimates of 88 cents, according to LSEG data.  ( 32 min )
    PayPal rival used by Uber and Spotify has lost so much market value in U.S. push that it’s cost its founders $2 billion this year
    Amsterdam-based Adyen has seen a slowdown just as it amps up its U.S. expansion where rivals like PayPal and Stripe dominate.  ( 34 min )
    Verizon Earnings, Wireless Subscriber Growth Top Estimates
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    Daily Spotlight: Demand Shifts for U.S. Debt
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    Technical Assessment: Neutral in the Intermediate-Term
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    Daily – Vickers Top Buyers & Sellers for 10/24/2023
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    Daily – Vickers Top Insider Picks for 10/24/2023
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    Verizon raises free cash flow forecast as subscriber additions top estimates
    The company now expects annual free cash flow (FCF) to be higher than $18 billion, at least $1 billion increase from its prior forecast. Its third-quarter FCF of $6.7 billion beat estimates by more than $1.3 billion, according to Visible Alpha. Verizon, whose plans typically cost more than its peers, added 100,000 net monthly-bill-paying wireless phone subscribers in the third quarter, compared with expectations for 63,600 additions, according to Factset.  ( 33 min )
    Israel-Hamas War Puts Focus On These Two Defense Stocks Setting Up Bullish Patterns
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    RTX beats Q3 estimates on Collins business strength, approves $10 billion share repurchase
    The company also said it has approved a $10 billion share repurchase program, which would commence almost immediately. In its second-quarter earnings report, RTX disclosed it had found microscopic containments in powdered metal, used to manufacture high-pressure turbine discs that are part of the engine's core, the presence of which could lead to cracks in the engine. RTX had at the time said 200 engines would require "accelerated inspection" with 60 days to fix each engine with a contamination issue.  ( 33 min )
    GM Reports $3.1 Billion Profit, Despite UAW Strike Hit
    The Detroit automaker is now losing about $200 million a week from factory walkouts.  ( 28 min )
    3M Says Business Is Improving, Boosts Earnings Guidance
    The conglomerate said efforts to improve performance and control costs are bearing fruit.  ( 27 min )
    General Electric Raises Forecasts, Sets Power Spinoff for Spring 2024
    General Electric raised its financial outlook and said it will shed its power business in the second quarter of 2024, the final step in a breakup of the industrial giant. The step will leave GE’s aerospace unit as a standalone business, with both companies trading separately on the New York Stock E  ( 24 min )
    Market Digest: ABT, HBAN, MAN, RF, T
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    Spotify turns a profit in Q3 as total users, gross margins beat expectations
    Spotify will report earnings before the bell on Tuesday. Here's what to expect.  ( 34 min )
    GE Beats Earnings Estimates and Raises Guidance. The Stock Jumps.
    GE raises full-year earnings guidance to a range of $2.55 to $2.65 a share, up from prior guidance of $2.10 to $2.30.  ( 18 min )
    GE raises 2023 profit forecast yet again on aviation boom
    The Boston, Massachusetts-based company now expects 2023 adjusted profit per share of $2.55 to $2.65, compared with its earlier forecast of $2.10 to $2.30. GE's aviation business, its cash cow, has been lifted by a surge in demand for aftermarket services as a strong rebound in air travel prompted airlines to use jets for longer against the backdrop of shortage of commercial planes.  ( 33 min )
    ConocoPhillips Could Be Next Big Oil Acquirer After Chevron-Hess Deal
    ConocoPhillips could be the next U.S. energy company looking to make a big purchase, according to KeyBanc analysts. Here are the potential targets.  ( 16 min )
    Employee of chip equipment giant ASML accused of stealing company secrets went to Huawei: report
    A former employee of ASML Holding accused of stealing trade secrets from the manufacturer of the world's most advanced semiconductor-making equipment, later worked for Huawei Technologies, according to a Dutch media report. ASML disclosed in its 2022 annual report published in February that one of its former China-based employees had engaged in "unauthorised misappropriation of data relating to proprietary technology" that may have violated some export controls. ASML CEO Peter Wennink characteri  ( 34 min )
    Are I Bonds a good investment? Shake-up in rates changes the answer (a little)
    Savers scrambled to buy I Bonds when inflation surged in 2021 and 2022. Both fixed and inflation-linked rates are due to rise again in November.  ( 36 min )
    ‘The Bull Market Can Continue to Roll On;’ BMO’s Brian Belski Predicts Further Gains for Stocks — Here Are 3 Names to Play That Bullish Sentiment
    We recently passed an anniversary, of sorts – one year to the day since the stock market hit bottom. On October 12 of last year, the S&P 500 reached its trough; since then, the market trend has been upward despite some volatility and a recent pullback. Brian Belski, chief investment strategist from BMO Capital, believes that we’re into a secular bull market now. Looking at a series of factors – general economic growth, the slowing pace of inflation, the stage of the Fed’s monetary policy, Belski  ( 38 min )
    Jamie Dimon Criticizes Central Banks for ‘Dead Wrong’ Forecasts
    (Bloomberg) -- JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said the fact that central banks got financial forecasting “100% dead wrong” about 18 months ago should prompt some humility about the outlook for next year.Most Read from BloombergAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantChina Repeats Its View That Israel Must Protect CiviliansHostages and Hezbollah Force Israel to Rethink Gaza Ground WarIsrael Latest: Biden, Netanyahu Discuss Hostages, US Deploy  ( 33 min )
    Deficit doubling as US economy grows shows why yields are at 5%
    (Bloomberg) -- In a year when the US economy exceeded almost everybody’s expectations, the underlying federal deficit roughly doubled, spotlighting a dire fiscal trajectory likely to only worsen the partisan budget battles in Washington.Most Read from BloombergAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantChina Repeats Its View That Israel Must Protect CiviliansHostages and Hezbollah Force Israel to Rethink Gaza Ground WarIsrael Latest: Biden, Netanyahu Discuss Hostages, U  ( 35 min )
    Barclays Profit Fell 16% in Third Quarter
    Barclays just had a rough third quarter—and suggested big changes are imminent. The British banking giant said Tuesday that profit fell 16% in the three months through September, compared to a year earlier. That reflected persistent weakness in investment banking and competitive pressures in retail  ( 23 min )
    Alphabet Earnings Are Coming. Expect Strength in Ads and Cloud Computing.
    The Street expects the parent of Google and YouTube to post sales of $76 billion, up 10% from a year earlier, with profits of $1.46 a share.  ( 20 min )
    Microsoft Earnings Will Raise More Questions About AI. The Answers Could Take Time.
    Microsoft shares have stalled as investors await a payoff from generative AI.  ( 22 min )
    How Social Security Works After Retirement
    Here's how to maximize the Social Security benefits you receive and minimize the taxes you pay on them when you are in retirement.  ( 29 min )
    Bitcoin Surges To 17-Month High Amid Spot Bitcoin ETF Progress
    Updated BlackRock filing indicates spot Bitcoin ETF could be seeded this month  ( 34 min )
    Bitcoin Hits $35,000 for First Time Since 2022 on ETF Optimism
    (Bloomberg) -- Bitcoin extended a rally fueled by expectations of fresh demand from exchange-traded funds, reaching the highest price since May last year.Most Read from BloombergWall Street Trading Rattled by Wild Treasury Moves: Markets WrapAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantTreasury 10-Year Yield Breaches 5% for First Time Since 2007US Push for Release of Hostages May Delay Israeli Ground War, But Won’t Stop ItHostages and Hezbollah Force Israel to Rethink Gaz  ( 33 min )
    'Stocks are the place to be': Wharton professor Jeremy Siegel says rising geopolitical risks represent a buying opportunity
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    These 2 ‘Magnificent Seven’ Stocks Have up to 155% Upside Potential, Analysts Say
    Recent months have seen increased volatility in the stock markets, as both the S&P 500 and the NASDAQ have given back some of the gains they posted earlier in the year. Stocks are coming under pressure from a variety of headwinds – but one that stands out recently comes from the bond market. Treasury bond yields and stocks tend to move in opposite directions, and earlier today the 10-year treasury bond rose to a peak of 5.02%, its highest level since July 2007. The yield was as low as 3.3% as re  ( 36 min )
    Bitcoin, Cryptocurrency Stocks Surge As SEC Ordered To Review Grayscale Spot Bitcoin ETF Application
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    Musk's Boring Company shares rise over 22% in employee share sale - The Information
    Elon Musk's tunneling enterprise The Boring Company has sold shares owned by employees and investors at a price over 22% higher than in a funding round for the company last year, The Information reported on Monday. The sale priced shares at $24 each, the report said citing people familiar with the matter.  ( 31 min )
  • Open

    Microsoft Beats Analyst Predictions for Fiscal Q1 On Strong Cloud Growth
    Microsoft (MSFT)'s fiscal first-quarter earnings beat analysts' expectations as the company's Azure cloud computing segment grew more than predicted.  ( 1 min )
    Alphabet Posts Strong Q3 Earnings on Robust Search, YouTube Ad Spend
    Google Bard has also helped to stave off concerns about a large-scale shift away from Google Search, although an ongoing antitrust trial may be impactful.  ( 1 min )
    Visa Tops Analyst Earnings Predictions as Consumer Spending Stays Strong; Concerns Loom
    Record-high levels of credit card debt, a return to pre-pandemic levels of delinquency, and speculation on action by the Fed and U.S. lawmakers to limit fees and credit card interest rates could temper Visa's future performance.  ( 1 min )
    Coalition of 33 States Sues Meta Platforms for Harming Children's Mental Health
    A coalition of 33 states, along with nine attorneys general who filed separate lawsuits, sued tech giant Meta Platforms on Tuesday, alleging the company's social media platforms harm children and teenagers.  ( 1 min )
    RTX Shares Jump After Earnings Beat, Stock Buyback, and Engine Inspection Update
    RTX beat profit and sales estimates, announced a stock buyback, and gave an optimistic update on inspections of a jet engine forced out of service for a potential problem.  ( 1 min )
    Spotify Shares Jump After Posting a Surprise Profit on Higher Prices and Cost Cuts
    Spotify posted a surprise profit and exceeded revenue estimates as it raised prices and reduced expenses.  ( 1 min )
    Stellantis and Orano To Enter EV Battery Recycling Joint Venture
    The automaker and nuclear fuel cycle company's joint venture is aimed at securing materials needed to build electric vehicles (EVs), and is set to begin production in 2026.  ( 1 min )
    Logitech Shares Spike After Reporting Profit Jumped as the PC Accessory Maker Cut Costs
    Logitech shares spiked after the PC equipment supplier reported profit soared and it raised its guidance on lower expenses.  ( 1 min )
    3M Beats Estimates and Raises Its Outlook on Higher Prices and Cost-Cutting Measures
    3M beat profit and sales estimates and boosted its guidance on price hikes and expense reductions.  ( 1 min )
    Coca-Cola Posts Stronger-Than-Expected Earnings on Higher Unit Volumes
    Coca-Cola (KO) beat estimates on both the top and bottom line for the third quarter, as consumers ramped up their purchases of soft drinks and other beverages despite the company's price hikes.  ( 1 min )
    Verizon's Earnings Beat Driven By Home and Business Internet, Wireless Subscribers Fall
    Verizon home and business wireless business boosted third quarter earnings even as the telecom giant lost cellular subscribers.  ( 1 min )
  • Open

    Ruim 20 staten VS klagen Meta aan vanwege psychische schade door Facebook
    Meer dan twintig staten in de Verenigde Staten klagen Meta aan. Dat is het bedrijf achter onder meer Facebook en Instagram. De staten vinden dat Facebook en Instagram jonge gebruikers uitbuiten voor winst en hen schadelijke inhoud laten zien.  ( 8 min )
    Finse politie vist anker op bij plek waar gaspijplijn kapot ging
    De breuk in een gaspijplijn tussen Finland en Estland is mogelijk veroorzaakt door een anker. Finland meldt dat de politie vlak bij de plek van de breuk een anker heeft opgevist. Wellicht was dat onderdeel van een Chinees containerschip.  ( 8 min )
    Minder voor meer: Consumentenbond stapt naar de rechter om krimpflatie
    De Consumentenbond sleept enkele bedrijven voor de rechter voor krimpflatie. Deze fabrikanten verminderden stiekem de inhoud van verpakkingen terwijl de prijs van het product hetzelfde bleef of zelfs hoger werd.  ( 8 min )
    Tweede Kamer stemt voor ruimere aftapmogelijkheden bij AIVD en MIVD
    De Tweede Kamer stemt in met een aanpassing van de inlichtingenwet. Door de tijdelijke wet moeten inlichtingendiensten AIVD en MIVD meer bevoegdheden krijgen om internetverkeer te onderscheppen. De bedoeling is dat ze hierdoor sneller cyberdreigingen vanuit het buitenland herkennen.  ( 9 min )
    Door vergrijzing neemt het tekort aan zorgpersoneel elk jaar toe
    In de zorgsector zijn momenteel 52.000 vacatures. Dat is volgens uitzender Randstad een nieuw record. Er zijn door vergrijzing vier keer zoveel zorgbanen beschikbaar als tien jaar geleden, blijkt uit onderzoek van het bedrijf. Ook in andere sectoren zijn nog tekorten.  ( 9 min )
    Bedrijven omzeilen regels voor hergebruik wegwerpplastic
    Een groot deel van de bedrijven in Nederland ontwijkt regels voor het hergebruik van plastic verpakkingen voor eten en drinken. Daardoor vermindert de hoeveelheid plastic zwerafval niet. Dat meldt de Inspectie Leefomgeving en Transport (ILT) dinsdag.  ( 8 min )
    Spotify profiteert van meer abonnees en verhoogde maandprijzen
    Elke maand luisteren 574 miljoen mensen naar muziek op Spotify. Daarvan betalen er 226 miljoen mensen voor de dienst, de rest heeft een gratis account met reclames. Dat blijkt uit de kwartaalcijfers van het Zweedse bedrijf (pdf).  ( 9 min )
    Viaplay stelt publicatie kwartaalcijfers uit om over eigen toekomst te praten
    Viaplay heeft op het laatste moment de publicatie van zijn kwartaalcijfers uitgesteld. Het Zweedse mediabedrijf overlegt met aandeelhouders en geldschieters over zijn toekomst, want het gaat niet goed met de streamingdienst.  ( 9 min )
    Hermès verkoopt meer dure handtassen ondanks hoge inflatie
    De Birkin-handtassen van Hermès zijn ook in tijden van hoge inflatie ongekend populair. Vooral rijke klanten in de Verenigde Staten en Europa bleven het luxemerk trouw, waardoor Hermès zijn verkopen met 16 procent zag stijgen in het derde kwartaal.  ( 8 min )
    Klanten waarschuwen voor oplichting via mailsysteem van Booking.com
    Booking.com lijkt last te hebben van oplichters. Via het berichtensysteem van het boekingsplatform worden nepberichten verstuurd, zo melden meerdere gebruikers.  ( 9 min )
    Overheid komt beloftes niet na bij herstel van schade na rampen
    Als na een ramp de schade moet worden hersteld, komt de overheid gedane beloftes niet altijd na. De overheid gaat te weinig met slachtoffers in gesprek en leert niet van eerder gemaakte fouten, concludeert Nationale ombudsman Reinier van Zutphen dinsdag.  ( 10 min )
    IJslandse premier dinsdag niet aan het werk uit protest tegen loonkloof
    In IJsland zijn veel vrouwen dinsdag niet aan het werk gegaan. Ook premier Katrín Jakobsdóttir legt haar werk voor een dag neer. Met de staking wordt aandacht gevraagd voor de loonkloof tussen mannen en vrouwen.  ( 9 min )
    Duitsland stoot Japan na decennia uit top drie grootste economieën ter wereld
    Duitsland zal later dit jaar de op twee na grootste economie van de wereld zijn, achter de Verenigde Staten en China. Japan verdwijnt daardoor na tientallen jaren uit de top drie. Ook India klimt op de ranglijst.  ( 9 min )
    Duitsland passeert Japan als derde grootste economie van de wereld
    Duitsland zal later dit jaar de derde economie van de wereld zijn, achter de Verenigde Staten en China. Japan verdwijnt daardoor na tientallen jaren uit de top drie. Ook India klimt op de ranglijst.  ( 9 min )
    SpaceX gaat Europese satellieten lanceren vanwege vertraging met ESA-raket
    SpaceX gaat voor het eerst vier satellieten van de Europese ruimtevaartorganisatie ESA lanceren. Het gaat om navigatiesatellieten voor het navigatienetwerk Galileo. SpaceX lanceert de satellieten omdat ESA's eigen Ariane 6-raket nog niet af is.  ( 9 min )
    Bitcoin stijgt naar hoogste waarde in bijna anderhalf jaar tijd
    De prijs van de bitcoin lag dinsdagochtend even boven de 35.000 dollar (ruim 32.750 euro). Sinds mei 2022 was de cryptomunt niet zo veel waard als nu. Dat komt doordat er extra vraag naar bitcoin wordt verwacht.  ( 8 min )
    Bitcoin stijgt naar hoogtste waarde in bijna anderhalf jaar tijd
    De prijs van de bitcoin lag dinsdagochtend even boven de 35.000 dollar (ruim 32.750 euro). Sinds mei 2022 was de cryptomunt niet zo veel waard als nu. Dat komt doordat er extra vraag naar bitcoin wordt verwacht.  ( 8 min )
    Tegen 2030 rijden er mogelijk tien keer zoveel auto's met een stekker op de weg
    Richting 2030 worden grote stappen gezet in de vervanging van fossiele brandstoffen. Energieagentschap IEA schat dat vanaf dat jaar de vraag naar fossiele brandstoffen wereldwijd zal afnemen, mede doordat er dan mogelijk tien keer zoveel elektrische auto's rondrijden als nu.  ( 9 min )
  • Open

    S&P 500 Gains and Losses Today: Verizon, 3M Earnings Help Power Index Higher
    The S&P 500 added 0.7% on Tuesday, Oct. 24, 2023, amid strong corporate earnings news and anticipation of the reports coming from big tech firms this week.  ( 1 min )
    Oil, Gas, and Coal Demand Could Peak Before 2030, IEA Says
    The IEA suggested momentum toward clean energy could lead global demand for coal, oil, and gas to peak before 2030.  ( 1 min )
    Markets Jump at Midday After Strong Earnings Amid Anticipation of Tech Reports
    U.S. equities rose at midday on Tuesday, Oct. 24, 2023 following strong earnings reports and ahead of updates from big tech companies including Microsoft and Google parent Alphabet.  ( 1 min )
    Dow Jones Today: Futures Up Ahead of Big Tech Earnings; Bitcoin Jumps on ETF Optimism
    Stock futures were higher in premarket trading Tuesday as investors prepared for a busy day of earnings with reports from Microsoft, Google-parent Alphabet, and Visa after the bell.  ( 1 min )
    5 Things to Know Before Markets Open
    General Electric raised its forecast for 2023 earnings as rebounding air travel demand improved the jet engine maker’s aerospace business and Redfin shares surged after the real estate brokerage secured $250 million in financing. Here’s what investors need to know today.  ( 1 min )

  • Open

    The S&P 500 is poised for a 14% rally as stocks are flashing signs of being oversold, strategist says
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    PayPal is under the microscope ahead of earnings; Here’s what to expect
    In the wake of 2022’s bear market, not many were expecting the bull market that defined the first half of the year to take place. But that was not the only surprise on offer. Also contrasting sharply with expectations set out at the start of 2023, Deutsche Bank analyst Bryan Keane notes e-commerce volumes have been “far more robust than expected,” and with all relevant metrics indicating resilience in online spending, this strength continued into 3Q23. As such, with PayPal’s (NASDAQ:PYPL) Q3 ear  ( 34 min )
    Why Venezuela Is About to Lose Its Oil Crown Jewel
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    Chevron Corp said on Monday it would buy smaller rival Hess Corp in a $53 billion all-stock deal, taking its rivalry with Exxon Mobil to the next level by boosting its presence in U.S. shale and oil-rich Guyana. Acquiring Hess adds 30% ownership in over 11 billion barrels of oil equivalent of discovered recoverable resource in Guyana and 465,000 net acres of high-quality, long-duration inventory supported by integrated midstream assets in the Bakken to Chevron’s portfolio, along with assets in the Gulf of Mexico and a natural gas business in Southeast Asia. Given that Exxon Mobil had effectively taken itself out of the running for large-scale M&A following the recent Pioneer deal, we would have thought Chevron could bide its time, and hence we are a little surprised at the timing of this deal.  ( 34 min )
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    Chevron to Buy Hess for $53 Billion
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    Chevron to Buy Hess for $53 Billion in Stock. Oil Mergers Are Surging.
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    Roche to Buy Telavant from Roivant Sciences, Pfizer for $7.1 Billion. One Stock Looks a Winner.
    Swiss pharmaceutical company Roche said it has agreed to buy immunology company Telavant Holdings from Roivant Sciences and Pfizer for $7.1 billion.  ( 15 min )
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    (Bloomberg) -- Chevron Corp. agreed to buy Hess Corp. in a deal worth $53 billion, the latest major consolidation in the US oil industry. Most Read from BloombergUS Push for Release of Hostages May Delay Israeli Ground War, But Won’t Stop ItIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionCar Owners Fall Behind on Payments at Highest Rate on RecordSaudi Arabia Mulls Buying Dassault Combat Jets, Tribune SaysModerna Shaves Off $7 Billion in Value After Pfizer WarningIn an all-stock  ( 33 min )
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    Chevron will buy Hess in all-stock deal valued at $53 billion, Roche agrees to buy a developer of a drug for people suffering from inflammatory bowel disease from Roivant and Pfizer, Textainer is being acquired for about $2.1 billion, and Microsoft and Alphabet lead a busy earnings week.  ( 22 min )
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    UPDATE 2-Chevron to buy Hess Corp for $53 bln in all-stock deal
    Chevron Corp said on Monday it will buy smaller rival Hess Corp in a $53-billion all-stock deal. Chevron is offering $171 for every Hess share, implying a premium of about 4.9% to the share's last close. CEO John Hess of Hess Corp, is expected to join Chevron's board of directors once the deal closes, the companies said in a statement.  ( 32 min )
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    Israel bombarded Gaza with air strikes overnight, with Prime Minister Benjamin Netanyahu convening a meeting of his top generals and his war cabinet to assess the escalating conflict. These rising tensions, along with surging bond yields on higher rates expectations pulled the Wall Street lower last week, with the S&P 500 falling 1.26% and the Cboe Volatility index closing at its highest since March 24. Yield on the 10-year benchmark Treasury note continued to hover around 5%, the mark it briefly breached last week after Federal Reserve Chair Jerome Powell said that U.S. economy's resilience and tight labor market could warrant further rate hikes.  ( 34 min )
    Chevron to buy Hess Corp for $53 billion in all-stock deal
    Chevron Corp said on Monday it will acquire Hess Corp in a $53-billion all-stock deal.  ( 32 min )
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    We’re finally in the homestretch of 2023. The year’s end is in sight – but the only certainty is that uncertainty is here to stay with the headwinds piling up faster than ever. Check off those headwinds one by one: The Federal Reserve has indicated that it will likely hold interest rates higher for longer, due to persistently high inflation. In geopolitics, China keeps rattling its saber at Taiwan, Russia’s Ukraine war keeps grinding on, and the Middle East has erupted into an open battle betwee  ( 37 min )
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    (Bloomberg) -- A Bitcoin rally fueled by optimism about fresh demand from exchange-traded funds may have further to run if history is any guide.Most Read from BloombergUS Push for Release of Hostages Delays Israeli Ground War, But Won’t Stop ItIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionCar Owners Fall Behind on Payments at Highest Rate on RecordSaudi Arabia Mulls Buying Dassault Combat Jets, Tribune SaysModerna Shaves Off $7 Billion in Value After Pfizer WarningThe largest d  ( 33 min )
    China’s Tech Gauge Falls to Record Low on Growth Concern
    (Bloomberg) -- China’s gauge of tech equities fell to the lowest since its inception more than three years ago as investors’ confidence in the sector wanes amid concerns higher US rates will hurt demand for growth stocks everywhere. Most Read from BloombergIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionUS Push for Release of Hostages Delays Israeli Ground War, But Won’t Stop ItCar Owners Fall Behind on Payments at Highest Rate on RecordSaudi Arabia Mulls Buying Dassault Combat J  ( 33 min )
    Philips shares drop as new order decline clouds rosier outlook
    Dutch health technology company Philips on Monday raised its full-year outlook as it beat analyst expectations with a more than doubling of third-quarter core profit to 457 million euros ($483.3 million). Analysts in a company-compiled poll on average had predicted adjusted earnings before interest, taxes and amortisation (EBITA) in July-September would rise to 389 million euros from 209 million euros the year before. Philips said it now expected 6% to 7% comparable sales growth over 2023, with a profit margin (adjusted EBITA) of 10%-11%.  ( 32 min )
    Analysis-Anti-obesity drugs can be boost for food makers, investors say
    The growth in demand for appetite suppressing anti-obesity drugs like Novo Nordisk's Wegovy presents opportunities for food manufacturers and the market's initially downbeat reaction may be overdone, investors say. When Walmart said this month that it saw a slight pullback in food consumption when people took the medication, it sparked a sell off in shares of companies including Nestle, the world's biggest packaged food maker. "It feels like quite an overreaction," said Aviva portfolio manager Richard Saldanha.  ( 34 min )
    Stock market today: World stocks fall as concerns rise over Israel-Hamas war and high yields
    Asian shares were lower on Monday as higher risks of broader conflict in the Middle East clouded market sentiment and bond yields further pressured stocks. U.S. futures rose while oil prices fell back. Israel announced its intention on Saturday to step up its attacks on the Gaza Strip in preparation for the next stage of its war on Hamas.  ( 35 min )
    Marketmind: Stocks struggle as yields rise, tech earnings loom
    It's been a cautious start to the week in Asia as markets wait to see when, or whether, Israel will launch a ground invasion of Gaza, and bonds continue their vicious sell-off. Israel's military continued to bomb Gaza on Sunday and clashed with Iran-backed Hezbollah on the border with Lebanon. The leaders of the United States, Canada, France, Germany, Italy and Britain on Sunday underscored their support for Israel and its right to defend itself, but also urged it to adhere to international humanitarian law and protect civilians.  ( 32 min )
    A Shrinking $1.3 Trillion Securities Market Is Bad News for the Economy
    (Bloomberg) -- For a fleeting moment this month, investment bankers in leveraged finance — the lucrative lending that oils the wheels of M&A and feeds the $1.3 trillion market for collateralized loan obligations — had rare cause for cheer. Company valuations were enticingly low for dealmakers, the US Fed looked closer to reversing punishing rate hikes, loans were getting done.Most Read from BloombergIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionUS Push for Release of Hostages D  ( 37 min )
    Gold slips from 5-mth peak as investors look to US economic data
    Gold prices retreated from last session's five-month peak on Monday as the U.S. dollar and Treasury yields strengthened ahead of crucial economic data this week, with investors looking for any signs of a global fallout of the Middle East conflict. Spot gold was down 0.4% at $1,972.39 per ounce by 0334 GMT, and U.S. gold futures slid 0.5% to $1,983.50. Gold prices hit their highest since mid-May on Friday and surged about 9% in the past two weeks as investors opted for the safety of bullion on fears that the Israel-Hamas war could escalate into a wider Middle East conflict.  ( 33 min )
    Argentina market analysts see silver lining in Peronist election win
    A surprise first place for Argentina's ruling Peronists in a general election on Sunday could calm market fears about a runaway win for libertarian radical Javier Milei who has pledged to dollarize the economy and shut the central bank. Peronist Economy Minister Sergio Massa won around 36.5% of the vote ahead of right-wing outsider Milei with just over 30%, far outperforming pre-election polls and setting up a polarized run-off vote on Nov. 19 between the two. Analysts said the result should alleviate fears about a sudden devaluation of the local peso currency and reduce the likelihood of the country ditching the peso any time soon, with the eventual winner likely to have a weak mandate.  ( 33 min )
    Investors Bet Samsung’s Smaller Memory Chip Rival SK Hynix Will Be an AI Winner
    (Bloomberg) -- Shares of Samsung Electronics Co. are on track to underperform those of its smaller memory-chip rival SK Hynix Inc. by the most in a decade as investors bet the latter will be the winner in artificial intelligence.Most Read from BloombergIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionCar Owners Fall Behind on Payments at Highest Rate on RecordUS Push for Release of Hostages Delays Israeli Ground War, But Won’t Stop ItSaudi Arabia Mulls Buying Dassault Combat Jets,  ( 35 min )
    iPhone Assembler Hon Hai Dives After China Starts Probes
    (Bloomberg) -- Hon Hai Precision Industry Co. fell its most in more than three months after Beijing launched a series of investigations into its operations in China, targeting a key Apple Inc. supplier and one of the country’s largest employers.Most Read from BloombergIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionCar Owners Fall Behind on Payments at Highest Rate on RecordUS Push for Release of Hostages Delays Israeli Ground War, But Won’t Stop ItSaudi Arabia Mulls Buying Dassa  ( 33 min )
    iPhone Assembler Hon Hai Dives After China Starts Probes
    (Bloomberg) -- Hon Hai Precision Industry Co. fell its most in more than three months after Beijing launched a series of investigations into its operations in China, targeting a key Apple Inc. supplier and one of the country’s largest employers.Most Read from BloombergIsrael Latest: More Aid Trickles Into Gaza as Death Toll RisesCar Owners Fall Behind on Payments at Highest Rate on RecordUS Push for Release of Hostages Delays Israeli Ground War, But Won’t Stop ItModerna Shaves Off $7 Billion in  ( 33 min )
    There’s Never Been a Worse Time to Buy Instead of Rent
    It is now 52% more expensive to buy a home than to rent one because of climbing mortgage rates.  ( 31 min )
    Oil slips as investors watch diplomatic moves in Gaza war
    LONDON (Reuters) -Oil prices slipped on Monday as investors continued to focus on the situation in the Middle East, where diplomatic efforts are intensifying in an attempt to contain the conflict between Israel and Hamas. Brent crude futures fell 24 cents, or 0.26%, to $91.92 a barrel, as of 0837 GMT. The contracts rose by more than 1% last week for a second consecutive week, on fears of potential supply disruption if the Israel-Hamas war grows into a wider conflict in the Middle East, the world's biggest oil-supplying region.  ( 32 min )
    Oil down as diplomatic moves in Gaza war trim supply-disruption risk
    NEW DELHI (Reuters) -Oil prices fell more than $1 on Monday as concerns about supply disruptions eased due to diplomatic efforts intensifying in an attempt to contain the conflict between Israel and the Palestinian Islamist group Hamas. The contracts had risen more than 1% last week for a second consecutive weekly jump on fears of potential supply disruption if the Israel-Hamas war grows into a wider confrontation in the Middle East, the world's biggest oil-supplying region. Aid convoys started to arrive in the Gaza Strip from Egypt over the weekend, as Arab leaders and foreign ministers gathered for a summit in Cairo which was unable to yield a joint statement.  ( 33 min )
    Elon Musk acted like a 'little baby' and was 'almost in tears' on Tesla's 'terrible' earnings call, analyst says
    Kevin Paffrath slammed Elon Musk's comments on Tesla's third quarter earnings call in an interview with Yahoo Finance this week.  ( 34 min )
    When Japan Ends Negative Rate Policy, Treasuries Will Suffer
    (Bloomberg) -- Japan’s era of negative interest rates will end in coming months, and the implications for world markets will be enormous, with US Treasuries set to suffer the most, according to the latest Bloomberg Markets Live Pulse survey.Most Read from BloombergIsrael Latest: More Aid Trickles Into Gaza as Death Toll RisesCar Owners Fall Behind on Payments at Highest Rate on RecordModerna Shaves Off $7 Billion in Value After Pfizer WarningSaudi Arabia Mulls Buying Dassault Combat Jets, Tribun  ( 34 min )
  • Open

    Ons land telt steeds meer wijnboeren, vooral in Gelderland en Limburg
    Nederland kent bijna tweehonderd bedrijven die wijn maken. Dat is 43 procent meer dan vijf jaar geleden, blijkt uit cijfers van de Kamer van Koophandel (KVK). Bijna de helft van de wijnboeren komt uit Limburg of Gelderland.  ( 9 min )
    Bijna 900 zorgmedewerkers doen beroep op vergoeding voor longcovidklachten
    Het overheidsloket waar zorgpersoneel met langdurige coronaklachten een tegemoetkoming kon aanvragen, is maandagmiddag gesloten. Zondagavond hadden 884 zorgmedewerkers een vergoeding van 15.000 euro aangevraagd, meldt het ministerie van Volksgezondheid aan NU.nl.  ( 9 min )
    Kritiek op systeem voor opsporen kindermisbruik: veel fouten en privacyschending
    Europese plannen om online kindermisbruik op te sporen door chatdiensten te scannen, stuiten op veel kritiek van experts. Zij waarschuwen in gesprek met het Europees Parlement voor grove privacyschendingen. Ook zitten er veel haken en ogen aan de technische haalbaarheid.  ( 10 min )
    Goudprijs breekt nieuw record door economische onzekerheid bij beleggers
    De goudprijs is afgelopen weekend tot een recordhoogte van 60.050 euro gestegen. Nooit eerder werd zoveel geld geboden voor 1 kilo goud. Het edelmetaal is in trek bij beleggers als veilige haven in economisch roerige tijden.  ( 8 min )
    Fors minder kolentransport en Russische olie in haven Rotterdam
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    Oud-werknemer die bedrijfsgeheimen stal bij ASML werkte daarna bij Huawei
    Een Chinese oud-medewerker van de Veldhovense chipmaker ASML heeft vorig jaar bedrijfsgeheimen gestolen. Daarna werkte hij een tijdje bij het Chinese techbedrijf Huawei, schrijft NRC op basis van ingewijden.  ( 9 min )
    China doet onderzoek naar handel en wandel van iPhone-maker Foxconn
    De Chinese autoriteiten zijn een onderzoek gestart bij iPhone-producent Foxconn. Er worden volgens de Chinese staatskrant Global Times belastingcontroles uitgevoerd. Daarnaast inspecteert China het grondgebruik van het assemblagebedrijf.  ( 8 min )
    Nederland nummer één bij bedrijven die winstbelasting willen ontwijken
    Jaarlijks sluizen bedrijven via Nederland tussen de 100 en 180 miljard dollar (94 tot 170 miljard euro) winst weg om belasting te ontwijken. Samen met Ierland is ons land daarmee koploper wereldwijd. Dat meldt onderzoeksinstituut EU Tax Observatory.  ( 11 min )
    Stemming onder consumenten opnieuw iets minder negatief
    De stemming onder consumenten was in oktober wat minder pessimistisch dan een maand eerder. In september werden ze ook al iets minder somber.  ( 8 min )
    Philips ziet winst stijgen ondanks voortslepende apneuaffaire
    De inkomsten bij Philips waren afgelopen kwartaal ondanks aanhoudende problemen met slaapapneuapparaten beduidend hoger dan een jaar eerder. Voor dit jaar heeft het bedrijf dan ook zijn winstverwachting verhoogd.  ( 9 min )
    Praat Mee | Hoe heb jij je pensioen geregeld?
    NU.nl kiest elke dag een actueel onderwerp waarover je uitgebreid met medelezers van gedachten kunt wisselen. Uit onderzoek blijkt dat het Nederlandse pensioenstelsel al jaren tot een van de beste stelsels hoort. Hoe regel jij je pensioen? En als je zzp'er bent: zet jij er geld voor opzij, of ben je er nog niet mee bezig?  ( 8 min )
    Bekijk hier de huizenprijzen in jouw provincie
    De huizenprijzen zijn vorige maand iets gestegen ten opzichte van augustus. Wel zijn ze lager dan een jaar geleden, bleek maandag uit cijfers van statistiekbureau CBS. Bekijk hier hoe de huizenprijzen in jouw regio zich hebben ontwikkeld.  ( 7 min )
    Dip in huizenprijzen lijkt na acht maanden bijna voorbij
    Huizenprijzen daalden in de maand september voor de achtste maand op rij ten opzichte van een jaar eerder. Koopwoningen waren gemiddeld 3,5 procent goedkoper dan in september 2022. Maar de daling wordt wel steeds kleiner.  ( 8 min )
  • Open

    10-Year Treasury Yield Breaches 5% Before Retreating, Whipsawing Stocks
    The yield on benchmark 10-year U.S. Treasury note breached 5% for the first time since July 2007 before retreating Monday, whipsawing stocks in the process.  ( 1 min )
    S&P 500 Gains and Losses Today: Chevron and Hess Shares Fall Following $53B Deal
    The S&P 500 dropped 0.2% on Monday, Oct. 23, 2023, recovering from the day's lows after an initial spike in bond yields sent stocks tumbling early in the session.  ( 1 min )
    UAW Expands Strike Against Stellantis, Amid 'Deficient' COLA Proposals
    The United Auto Workers union called on members to walk out of the largest Stellantis plant, having said that Stellantis was "deficient" in meeting cost-of-living-adjustment demands, as the union's strike against the Big Three continues.  ( 1 min )
    Markets Turn Positive at Midday After 10-Year Treasury Yield Reverses Course
    The S&P 500, Nasdaq, and Dow rebounded from earlier losses to turn positive at midday on Monday, Oct. 23, 2023, as the 10-year Treasury note yield retreated after hitting 5%.  ( 1 min )
    Dow Jones Today: Stock Futures Lower as 10-Year Yield Tops 5% for First Time Since 2007
    Stock futures were lower in premarket trading Monday after the yield on the 10-year Treasury passed 5% for the first time since 2007 at the start of a big week for earnings.  ( 1 min )
    5 Things to Know Before Markets Open
    Chevron announced it will buy Hess for $53 billion and Apple shares fell after China launched tax probes into key supplier Foxconn. Here’s what investors need to know today.  ( 1 min )
  • Open

    How Bitcoin Spread Betting Works
    Bitcoin spread betting is a way to speculate on price movements of this cryptocurrency. This article explains the concept and gives an example of a spread bet.  ( 23 min )
    Evolutionary Economics: Overview, History, Examples
    Evolutionary economics proposes that economic processes evolve and are determined both by individuals and society as a whole.  ( 20 min )
    Pros and Cons of Taking Social Security Early
    Your Social Security benefits will be bigger if you wait until your full retirement age or later, but sometimes collecting them early makes sense.  ( 27 min )
    Bank Panic of 1907: Causes, Effects, and Importance
    The Bank Panic of 1907 was a set of bank runs and bankruptcies that led industry leaders to draft the first version of the Federal Reserve System.  ( 27 min )
    10-Year Treasury Yield Breaches 5% Before Retreating, Whipsawing Stocks
    The yield on benchmark 10-year U.S. Treasury note breached 5% for the first time since July 2007 before retreating Monday, whipsawing stocks in the process.  ( 18 min )
    8 Types of Americans Who Aren’t Eligible to Get Social Security
    Most retirees are eligible, but some fall through the cracks due to a spotty work history or for other reasons.  ( 29 min )
    Top CDs Today: There's Still Time to Lock in a Rate of 6% to 6.50%
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union for 8 months and 6.00% from Credit Human on a take-your-pick term of 12-17 months.  ( 19 min )
    Measuring a Nation's Economic Development With GNP
    In this article, we'll show you how to read the GNP map and how it's still a useful tool in measuring a nation's economic development and overall demand.  ( 25 min )
    S&P 500 Gains and Losses Today: Chevron and Hess Shares Fall Following $53B Deal
    The S&P 500 dropped 0.2% on Monday, Oct. 23, 2023, recovering from the day's lows after an initial spike in bond yields sent stocks tumbling early in the session.  ( 16 min )
    Microsoft Is Making a $3.2 Billion Cloud and AI Investment in Australia
    Microsoft is investing $3.2 billion in cloud computing and AI infrastructure in Australia.  ( 17 min )
    Joint Brokerage Accounts: What You Need To Know
    A joint brokerage account allows multiple individuals to pool their resources and invest together. Learn about the benefits and drawbacks of this type of account.  ( 26 min )
    FMC Shares Plummet After Slashing Its Outlook as Latin America Sales Sink
    FMC shares fell to their lowest level since 2017 as the agricultural sciences company cut its third-quarter, current-quarter, and full-year guidance.  ( 17 min )
    UAW Reaches Tentative Agreement with Defense Contractor General Dynamics
    United Auto Workers (UAW) members reached a tentative agreement with General Dynamics, preventing another strike, as the union's actions against the Big Three automakers continue.  ( 17 min )
    Food Insecurity and Its Impact on the Stock Market
    Food insecurity is a problem in the US and abroad. Households that struggle to afford enough food may cut back spending elsewhere, which can have knock-on effects on the market.  ( 24 min )
    Dividend ETF vs. S&P 500
    Dividend ETFs provide stable income but could limit capital appreciation, while the broad-based S&P 500 provides more diversification and growth but less income.  ( 26 min )
    What Is FedNow?
    The FedNow Service is an instant-payment platform operated by the U.S. central bank that can process financial transactions in real time and around the clock.  ( 24 min )
    Federal Withholding Tax vs. State Withholding Tax: What's the Difference?
    Federal withholding rules are consistent and Social Security and Medicare are also withheld at the federal level, but state withholding rules vary.  ( 23 min )
    How to Invest for Short-Term and Long-term Goals for 2023
    Learning how to invest for your short and long-term goals is critical for your financial future. Let us guide you on the different routes you can take for your future.  ( 20 min )
    How Does a Cost-of-Living Adjustment (COLA) Affect My Salary?
    Learn how cost-of-living adjustments are or are not added to salaries to offset the effects of inflation or relocating to a costlier city.  ( 24 min )
    How to Rebalance Your Portfolio
    Rebalancing keeps your preferred asset allocation in check and helps to smooth out the volatility of your portfolio. Learn how to rebalance your portfolio to help manage risk and meet your investing goals.  ( 23 min )
    Employment Cost Index (ECI): Definition, Uses, and Pubication
    The Employment Cost Index (ECI) is a quarterly economic series that measures the growth of total employee compensation.  ( 22 min )
    Tesla Capex To Exceed $9 Billion Target This Year
    Automaker Tesla has stated in a disclosure filing that its capital expenditures are set to exceed a previous $9 billion target.  ( 17 min )
    What Is the Average Business Loan Term?
    Business loans vary widely with the terms they provide borrowers. Some are shorter term, others are long term. Learn about the average business loan term.  ( 25 min )
    How to Use Artificial Intelligence in Your Investing in 2023
    Get ahead of the curve and follow our guide to learn how to use artificial intelligence in your investing. Utilize automated technology to help your portfolio grow.  ( 23 min )
    Roivant Sciences Sells Joint Venture With Pfizer to Roche for $7.1 Billion
    Roivant agreed to sell its Telavant joint venture with Pfizer to Roche for $7.1 billion.  ( 17 min )
    Best Brokers for ETFs of 2023
    Looking for the best place to buy and sell exchange-traded funds (ETFs)? We reviewed the best brokers for ETFs based on their selection, research, screeners, and more.  ( 30 min )
    Best Options Trading Platforms of 2023
    Looking to harness the power of options leverage? Here are the best options trading platforms based on tools, ease of use, pricing, probability calculators, and more.  ( 34 min )
    How to Get Free Professional Financial Advice in 2023
    Getting free financial advice can help those who are struggling to get their finances in order but can’t afford an expert. Learn how to get financial advice for free.  ( 22 min )
    Which States Have Specific Home Equity Loan Laws?
    All states have laws that apply to home equity loans. In this article, we’ll explain why.  ( 24 min )
    How to Plan for Medical Expenses in Retirement
    Don't let high healthcare expenses derail your retirement plans.  ( 26 min )
    Where Should I Retire?
    There are many things to consider when deciding where to retire, starting with cost of living.  ( 23 min )
    Redefining Retirement as Peak 65 Approaches
    Dan Houston, President and CEO of the Principal Financial Group, joins The Express to talk about how we need to rethink, redefine and reeducate ourselves about retirement given rising costs, longer lifespans and a lack of financial education.  ( 19 min )
    Biden Names 31 Regional Tech Hubs To Create Jobs in Rural, Underserved Communities
    President Joe Biden's administration named 31 communities across the country as Innovation and Tech Hubs, to support regional economic growth.  ( 17 min )
    Google Faces Antitrust Investigation in Japan Over Search Practices
    Japan's anti-competitive watchdog launched a probe into Google's use of its influence to prioritize its own search engine and apps.  ( 17 min )
    How to Get a Solar Loan
    A rooftop solar installation can help you save on energy costs, but they can be pricey. Learn how to finance solar panels for your home and compare the best options.  ( 21 min )
    Markets Turn Positive at Midday After 10-Year Treasury Yield Reverses Course
    The S&P 500, Nasdaq, and Dow rebounded from earlier losses to turn positive at midday on Monday, Oct. 23, 2023, as the 10-year Treasury note yield retreated after hitting 5%.  ( 16 min )
    Who Regulates Home Equity Loans?
    There are many rules and many regulators for home equity loans. In this article, we’ll explain which agencies oversee which loans.  ( 24 min )
    How to Get a Debt Consolidation Loan
    If you have multiple high-interest debt accounts, a debt consolidation loan can help. Learn how to get a debt consolidation loan and what to consider when choosing one.  ( 23 min )
    UAW Expands Strike Against Stellantis, Amid 'Deficient' COLA Proposals
    The United Auto Workers union called on members to walk out of the largest Stellantis plant, having said that Stellantis was "deficient" in meeting cost-of-living-adjustment demands, as the union's strike against the Big Three continues.  ( 17 min )
    How to Get a Joint Personal Loan
    Joint personal loans can help you get a larger loan and are typically used by spouses or family members. A co-borrower has equal access to funds.  ( 22 min )
    How to Get a Student Loan Co-signer Release
    A co-signer can help you secure a loan, but eventually, it will be time to strike out on your own. Learn how to release a student loan co-signer from their obligation to your loan.  ( 22 min )
    How to Get an Emergency Loan
    When an emergency hits and you need immediate funds, an emergency loan can help. Learn more about how to get an emergency loan and what to consider before you do.  ( 23 min )
    Top Retirement Savings Tips for 55-to-64-Year-Olds
    If you plan to retire within the next 10 years, you still have time to boost your 401(k) contributions and make other moves to increase your savings.  ( 29 min )
    Philips' Profit Rises After Simplifying Operations and Shoring Up Its Supply Chains
    American depositary receipts of Philips advanced as the health technology firm posted better-than-expected results and raised its outlook on improved operational performance.  ( 17 min )
    Reverse Mortgages: Canada vs. the U.S.
    You can have a reverse mortgage in either the U.S. or Canada. Here are the key differences.  ( 24 min )
    My Parents Earn Way More Travel Rewards With the Capital One Venture X Business Card
    I raced to tell my parents to apply for the Capital One Venture X Business credit card. Now, they’re earning more travel rewards and paying a smaller annual fee than with their previous card.  ( 20 min )
    The Casino Mentality In Trading
    Many new traders treat the market like a casino, placing unwise bets and hoping for the big win.  ( 26 min )
    Rates Fall for Almost Every Mortgage Type
    Rates on 30-year mortgages have dropped below the historic high they reached early last week, with averages for almost every mortgage type coming down as well.  ( 19 min )
    Best Discount Brokers of 2023
    Investopedia ranks the best discount brokers for low-cost trades, low margin rates, fractional share trading, and low-cost options to save you money.  ( 34 min )
    Best Online Brokers for Beginners of 2023
    Want to learn how to build a diverse portfolio and invest wisely? Compare the best online brokers for beginners based on usability, pricing, customer service, and more.  ( 32 min )
    Chevron Buys Hess for $53 Billion in an All-Stock Deal
    Chevron agreed to buy Hess for $53 billion in an all-stock deal, the latest acquisition in a string of blockbuster oil deals amid industry consolidation.  ( 17 min )
    The Medicare Catastrophic Coverage Act Of 1988 (MCCA) Overview
    The Medicare Catastrophic Coverage Act of 1988 (MCCA) was a government bill designed to improve acute care benefits for the elderly and disabled. It was repealed.  ( 24 min )
    How Secure Is Social Security?
    The 2023 Social Security Trustees Report shows that there is a little more time left to address the system's funding shortfalls but there may be some possible fixes.  ( 28 min )
    Oil ETF
    An oil ETF is a type of fund that invests in companies involved in the oil and gas industry, including discovery, production, distribution, and retail.  ( 21 min )
    5 Things to Know Before Markets Open
    Chevron announced it will buy Hess for $53 billion and Apple shares fell after China launched tax probes into key supplier Foxconn. Here’s what investors need to know today.  ( 18 min )
    What Is a Payday Loan? How It Works, How to Get One, and Legality
    A payday loan is a type of short-term borrowing where a lender will extend high-interest credit based on your income.  ( 30 min )
    Teaser Bet
    In sports betting, a teaser bet is a type of parlay bet in which the bettor is allowed to change the point spread for a game.  ( 27 min )
    Spread Betting: What It Is, How Tt Works, FAQ
    Spread betting refers to speculating on the direction of a financial market without actually owning the underlying security.  ( 24 min )
    Gambling Loss: What it Means, How it Works, FAQs
    A gambling loss is a loss resulting from risking money or other stakes on games of chance or wagering events with uncertain outcomes.  ( 24 min )
    Advantages and Disadvantages of ETFs
    You've probably heard that ETFs are better than mutual funds, but you need to consider all aspects before investing. Learn them here.  ( 25 min )
    Can You Get More Money on Your Reverse Mortgage?
    If home prices rise, you might be able to refinance your reverse mortgage but the costs are high.  ( 25 min )
    Which Leveraged ETFs Track the Banking Sector?
    Learn about some of the leveraged exchange-traded funds (ETFs) that investors can use to track the banking industry within the financial sector.  ( 20 min )
    What common ETFs track the banking sector?
    Learn about common bank ETFs, and find out which ones focus on the international financial sector, big banks, regional banks and community banks.  ( 20 min )
    7 Things You Didn't Know Your FSA Covered
    You contribute money to your FSA throughout the year, but you might have some left at the end of the year. Find out how you can spend it.  ( 25 min )
    Borrower Defense: Meaning, Application, FAQs
    Borrower defense is a federal regulation that allows students who have been defrauded by their colleges to seek forgiveness for their student loans.  ( 24 min )
    A Guide for Buying ETFs on Margin
    Maintenance margin requirements are more stringent when buying non-traditional ETFs on margin.  ( 22 min )
    Marginalism: Definition, How It Works, Key Insight, and Example
    Marginalism is an economic principle that decisions and adjustments to economic behavior occur incrementally rather than categorically. Learn how it works.  ( 27 min )
    How To Close a CD
    You can close a certificate of deposit (CD) when it reaches maturity. If you need to get your money out early you'll probably pay a penalty.  ( 23 min )
    Articles of Association Definition and Example in Small Business
    Articles of association form a document that specifies the regulations for a company's operations and defines the company's purpose.  ( 23 min )
    Property Appraisal and Valuation Equity (PAVE) Definition
    Property Appraisal and Valuation Equity (PAVE) is a set of guidelines for removing bias or discrimination from the home appraisal process.  ( 26 min )
  • Open

    FMC Shares Plummet After Slashing Its Outlook as Latin America Sales Sink
    FMC shares fell to their lowest level since 2017 as the agricultural sciences company cut its third-quarter, current-quarter, and full-year guidance.  ( 1 min )
    Microsoft Is Making a $3.2 Billion Cloud and AI Investment in Australia
    Microsoft is investing $3.2 billion in cloud computing and AI infrastructure in Australia.  ( 1 min )
    UAW Reaches Tentative Agreement with Defense Contractor General Dynamics
    United Auto Workers (UAW) members reached a tentative agreement with General Dynamics, preventing another strike, as the union's actions against the Big Three automakers continue.  ( 1 min )
    Tesla Capex To Exceed $9 Billion Target This Year
    Automaker Tesla has stated in a disclosure filing that its capital expenditures are set to exceed a previous $9 billion target.  ( 1 min )
    Roivant Sciences Sells Joint Venture With Pfizer to Roche for $7.1 Billion
    Roivant agreed to sell its Telavant joint venture with Pfizer to Roche for $7.1 billion.  ( 1 min )
    Google Faces Antitrust Investigation in Japan Over Search Practices
    Japan's anti-competitive watchdog launched a probe into Google's use of its influence to prioritize its own search engine and apps.  ( 1 min )
    Philips' Profit Rises After Simplifying Operations and Shoring Up Its Supply Chains
    American depositary receipts of Philips advanced as the health technology firm posted better-than-expected results and raised its outlook on improved operational performance.  ( 1 min )
    Chevron Buys Hess for $53 Billion in an All-Stock Deal
    Chevron agreed to buy Hess for $53 billion in an all-stock deal, the latest acquisition in a string of blockbuster oil deals amid industry consolidation.  ( 1 min )

  • Open

    ETF Liquidity: What It Is and Why It Matters
    ETF Liquidity Is Determined by Primary Market Creations and Redemptions, as Well as Secondary Market Volume and Bid-Ask Spreads on Exchanges.  ( 32 min )
    A Brief History Of Exchange-Traded Funds
    Learn how ETFs have become the most popular investment vehicle in less than 20 years.  ( 23 min )
    Can You Use a Mortgage Broker for a Home Equity Loan?
    You can arrange a home equity loan yourself, or use a broker. In this article, we’ll compare the two approaches.  ( 22 min )
    Auto Industry ETF Definition
    An auto industry ETF is an exchange-traded fund (ETF) that invests specifically in the automobile industry.  ( 20 min )
    Actively Managed ETF: Meaning, Overview, Limitations
    An active managed ETF is a form of exchange-traded fund that has a manager or team making decisions on the underlying portfolio allocation.  ( 22 min )
    ETFs or Mutual Funds for Your IRA?
    Most actively managed mutual funds fail to beat the market over a long period of time, so it's probably best to go with ETFs for your IRA.  ( 22 min )
    Bond ETFs: A Viable Alternative
    Discover the advantages of bond ETFs, a security that tracks bond index funds but trades like a stock.  ( 21 min )
    What Is a Bond ETF? Definition, Types, Examples, and How to Invest
    Bond ETFs are very much like bond mutual funds in that they hold a portfolio of bonds that have different strategies and holding periods.  ( 26 min )
    Is There a Minimum Amount for a Home Equity Loan?
    Most lenders won't go below $35,000 for a home equity loan. In this article, we'll explain the alternatives.  ( 23 min )
    How To Use a VIX ETF in Your Portfolio
    VIX ETFs can be somewhat difficult to understand, but they also offer the potential for great returns.  ( 24 min )
    Exchange Traded Notes: An Alternative to ETFs
    Exchange-traded notes are structured a bit differently than exchange-traded funds but still have certain similarities. Here are the key differences.  ( 21 min )
    Airline Industry ETF Definition
    An airline industry ETF tracks the performance of a group of stocks of airline companies.  ( 21 min )
    Emerging Market ETF Definition
    An emerging market ETF tracks the performance of a group of stocks from companies located in emerging market economies.  ( 21 min )
    Work-in-Progress (WIP) Definition With Examples
    A work-in-progress (WIP) is a partially finished good awaiting completion and includes such costs as overhead, labor, and raw materials.  ( 27 min )
    Hedging With ETFs: A Cost-Effective Alternative
    Learn how the benefits of ETFs for hedging are numerous and can be enjoyed by investors of all sizes.  ( 23 min )
    Pigou Effect: Definition, History and Examples
    Pigou effect is a term in economics referring to the relationship between consumption, wealth, employment, and output during periods of deflation.  ( 25 min )
    7 Easy-To-Understand ETFs To Replace A Savings Account
    If you have a savings account or certificate of deposit, you’re probably not making much more than 1% each year from interest.  ( 25 min )
    Nvidia's Stock Slide Has Taken a Toll on Semiconductor ETFs
    Nvidia shares tumbled almost 9% this week after U.S. government officials announced more stringent curbs on exports of advanced AI chips to China, dragging down many technology-centric ETFs that are heavily exposed to the chipmaker.  ( 17 min )
    TikTok: What It Is, How It Works, and Why It’s Popular
    TikTok is one of the most popular video-sharing and social media apps in the world.  ( 30 min )
    Young Investors Are Waiting for Major Life Milestones to Seek Advisors
    High-net-worth investors under the age of 45 are waiting until major life events such as buying a home to seek help from a financial advisor, and are more likely to find advisors on social media, according to a Dynasty Connect survey.  ( 18 min )
    Earnings Miss of the Week: Nokia's Profit Plunges Almost 70% Amid Higher Interest Rates
    Nokia (NOK) ended a challenging quarter in which profit plunged almost 70% as customers took out fewer subscriptions in a tough economy with rising interest rates.  ( 19 min )
    Indirect Tax: Definition, Meaning, and Common Examples
    An indirect tax is passed off to the consumer as part of the purchase price of a good or service. Learn how indirect taxes work and when you may face them.  ( 24 min )
    Income Definition: Types, Examples, and Taxes
    For individuals and businesses, income means the money that they receive for their labor or products. Each type of income has its own tax regulations.  ( 27 min )
    What Happens After You Refinance a Car Loan?
    Refinancing a car loan can lower your interest rate and monthly payment, adjust your repayment term, or even allow you to access some of the equity.  ( 26 min )
    CDs vs. Mutual Funds
    There are important differences between certificates of deposit (CDs) and mutual funds. In this guide, we'll take you through them.  ( 26 min )
    Benefits and Risks of Thematic ETFs
    There are thousands of ETFs available to investors today. How do theme ETFs help narrow the list of options?  ( 25 min )
  • Open

    ‘Big Short’ Investor Steve Eisman Advises Investors to Dive Into Stocks Benefiting From the U.S. Government’s Spending Spree — Here Are 2 Names That Analysts Like
    In contrast to some housing market doomsayers, Steve Eisman, who foresaw the 2007–2008 US housing crisis and whose exploits in profiting from the bubble’s collapse were documented in the Big Short, believes there is no impending housing crisis on the horizon. Instead, Eisman is basing his current investing strategy on a thesis he calls “revenge of the old school,” and is venturing into bonds for the first time in his career and acquiring stocks from traditional, established industries, all in an  ( 36 min )
    Money Managers With $100 Trillion Confront End of the Bull Market
    (Bloomberg) -- T. Rowe Price Group Inc. is reeling from a $127 billion exodus over just two years. At Franklin Resources Inc., the latest member of a billionaire family to run the firm is trying to reverse a nearly uninterrupted 20-quarter losing streak. Across the Atlantic, the chief of Abrdn Plc has reached a blunt conclusion: merely managing mutual funds isn’t enough of a business any more.Most Read from BloombergIsrael Latest: More Aid Trickles into Gaza as Death Toll RisesCar Owners Fall Be  ( 40 min )
    Stocks Poised to Open Higher
    No content preview  ( 16 min )
    Yen Breaches 150 Per Dollar Again, Raising Intervention Risk
    (Bloomberg) -- The yen briefly weakened beyond 150 against the dollar again in early Asian trading on Monday as the wide yield gap between Japan and the US continued to weigh on the currency, keeping traders on guard against possible intervention from authorities in Tokyo. Most Read from BloombergIsrael Latest: More Aid Trickles into Gaza as Death Toll RisesCar Owners Fall Behind on Payments at Highest Rate on RecordModerna Shaves Off $7 Billion in Value After Pfizer WarningSaudi Arabia Mulls Bu  ( 34 min )
    Global billionaire tax could yield $250 billion - study
    Governments should open a new front in the international clampdown on tax evasion with a global minimum tax on billionaires, which could raise $250 billion annually, the EU Tax Observatory said on Monday. If levied, the sum would be equivalent to only 2% of the nearly $13 trillion in wealth owned by the 2,700 billionaires globally, the research group hosted at the Paris School of Economics said. Currently billionaires' effective personal tax is often far less than what other taxpayers of more modest means pay because they can park wealth in shell companies sheltering them from income tax, the group said in its 2024 Global Tax Evasion Report.  ( 33 min )
    Asia Stocks Set For Losses as US Volatility Rises: Markets Wrap
    (Bloomberg) -- Asian stocks are set to fall in early trading as the rout in US stocks and Treasuries deepened amid geopolitical angst and worries global interest rates will stay elevated for longer. Most Read from BloombergIsrael Latest: More Aid Trickles into Gaza as Death Toll RisesCar Owners Fall Behind on Payments at Highest Rate on RecordModerna Shaves Off $7 Billion in Value After Pfizer WarningSaudi Arabia Mulls Buying Dassault Combat Jets, Tribune SaysIsrael Says Hezbollah Dragging Leban  ( 34 min )
    UAW’s Shawn Fain Has a Dangerous Opinion on Dividends
    The third front in UAW's war on auto makers is a risky strategy.  ( 21 min )
    Five Key Charts to Watch in Global Commodity Markets This Week
    (Bloomberg) -- It’s a busy week for earnings, with Exxon Mobil Corp., Chevron Corp., TotalEnergies SE and Eni SpA kicking off Big Oil’s reporting season. In metals, the world’s top gold producer Newmont Corp. and No. 3 Agnico Eagle Mines Ltd. also post results in the days ahead, while crop traders Archer-Daniels-Midland Co. and Bunge Ltd. headline agriculture companies.Most Read from BloombergIsrael Latest: More Aid Trickles into Gaza as Death Toll RisesCar Owners Fall Behind on Payments at High  ( 35 min )
    Here's why gasoline prices could sink 9% by year-end despite oil's surge
    Prices at the pump might fall as low as $3.25 by the end of 2023 amid seasonal shifts and overproduction, experts told Insider.  ( 35 min )
    Tesla 'digs its own grave with the Cybertruck,' Convoy collapses and Rivian scores a win at Rebelle
    Your usual host Kirsten was shredding off-road at the Rebelle Rally this week, so I'll be taking over the newsletter. In its eighth year, the Rebelle has become a proving ground of sorts for the 65 all-women teams who participate as well as stock manufacturer vehicles. There were 10 vehicles out of the 65 that fell into the electrified category such as the Jeep Wrangler Rubicon 4xe.  ( 38 min )
    Wall Street week ahead: Amazon, Microsoft, Boeing earnings and rising bond yields
    Investors are staring down a big week for corporate earnings with reports due from Amazon, Microsoft and Google, as well as Ford and GM with the UAW strike against the automakers dragging on.  ( 34 min )
    Alphabet, Microsoft, Meta, Amazon, Boeing, and More Stocks to Watch This Week
    Third-quarter earnings from Big Tech, auto makers, and more. Plus, a first look at GDP growth and the Federal Reserve's preferred inflation measure.  ( 22 min )
    Nvidia's Stock Slide Has Taken a Toll on Semiconductor ETFs
    Nvidia shares tumbled almost 9% this week after U.S. government officials announced more stringent curbs on exports of advanced AI chips to China, dragging down many technology-centric ETFs that are heavily exposed to the chipmaker.  ( 17 min )
    Saudi Wealth Fund And Hyundai Motors Agree to Build Auto Plant
    (Bloomberg) -- Hyundai Motor Co. has agreed a deal with Saudi Arabia’s sovereign wealth fund to develop a more than $500 million car assembly plant, joining electric vehicle maker Lucid Motors Inc. in producing cars in the oil-rich kingdom.Most Read from BloombergCar Owners Fall Behind on Payments at Highest Rate on RecordIsrael Latest: Blinken Warns Iran’s Proxies on US Troop StrikesModerna Shaves Off $7 Billion in Value After Pfizer WarningIsrael Says Hezbollah Dragging Lebanon Toward War as T  ( 33 min )
    Gen Z is expecting an earlier retirement despite the many obstacles in their way
    On average, Generation Z hopes to retire by 61, far younger than older generations expect, a new study from Charles Schwab found.  ( 35 min )
    401(k) Inheritance Taxes Will Cost You This Much
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    Can I Really Live Off The Interest of My $1 Million Portfolio?
    Once you have $1 million in assets, you can look seriously at living entirely off the returns of a portfolio. After all, the S&P 500 alone averages 10% returns per year. Setting aside taxes and down-year investment portfolio management, a … Continue reading → The post How Much Interest Can You Earn on $1 million? appeared first on SmartAsset Blog.  ( 37 min )
    5 Signs You Might Run Out of Money in Retirement ( & How to Prevent It)
    No content preview
    Watch Out: This 5-Year-Rule Could Affect Your Roth Rollover Plans
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    I'm Retired & Divorcing. Are My Finances Going to Be a Wreck?
    No content preview
    Ask an Advisor: My Child Works a Low-Paying Job. Is ‘This a Great Time' for Them to Max Out a Roth IRA?
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    A $1.5 Million Annuity Will Get You This Much Annually
    No content preview
    Ask an Advisor: How Do I Pay Off $31K in Credit Card Debt in 2 Years? I Have $14K in Cash and $9K in Retirement Savings
    No content preview
    Ask an Advisor: I'm 61 With $900k in My 401(k) and $800K Sitting in a Money Market Account. How Should I Invest?
    No content preview
    Ask an Advisor: I Have $240K in Debt, and My Portfolio Is Down. Should I Tap My Retirement Accounts to Repay Credit Card Debt?
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    Ask an Advisor: I'm 65 Years Old and Going to Retire Soon. How Should I Structure My Portfolio?
    No content preview
    Retail investors can now bet on music royalties: 'We want people to have access'
    There's a new way to make money in the music industry — and it involves betting on your favorite songs.  ( 36 min )
    Tesla Can Do This to Create Billions in Value, One Analyst Says
    Tesla’s future includes being an auto parts company, according to RBC’s Tom Narayan.  ( 21 min )
    ‘Stay Patient,’ Says Morgan Stanley About Microsoft Stock
    Earnings season will turn up the volume dial next week when several of the tech giants enter the fray. Amongst them will be Microsoft (NASDAQ:MSFT), who will step up to deliver its fiscal first quarter of 2024 (September quarter) report on Tuesday (Oct 24) once the market action comes to a close. While Microsoft’s headline metrics beat expectations in the June quarter report, investors were left disappointed by the slowdown in cloud service Azure’s revenue growth. Looking ahead to the print, Mor  ( 34 min )
    11 charts to make sense of the stock market
    There seems to be a lot on investors’ minds lately. Fortunately, there are also lots of really smart people sharing charts that help contextualize all these issues.  ( 40 min )
    Meta, Alphabet, Amazon, Microsoft highlight earnings barrage: What to know this week
    Big tech takes center stage at a crucial time for markets as rising bond yields and fear of further Fed tightening have sent stocks lower in recent weeks.  ( 37 min )
    Central Banks Search for Lessons From the Great Inflation Outbreak
    (Bloomberg) -- After the most aggressive monetary-tightening campaign in four decades, academics and economic practitioners are running autopsies on what could have prevented the cost-of-living crisis and how to ensure the same mistakes won’t be repeated.Most Read from BloombergCar Owners Fall Behind on Payments at Highest Rate on RecordModerna Shaves Off $7 Billion in Value After Pfizer WarningWeb Summit CEO Cosgrave Quits After Israel ControversyIsrael Latest: Gaza Aid Called Inadequate as New  ( 36 min )
    Asset Managers Are Updating Bond Models to Capture a New Risk
    (Bloomberg) -- A growing number of asset managers is reassessing bond values tied to real assets, as a spike in the frequency of flash floods, fires and storms hits conventional pricing models.Most Read from BloombergCar Owners Fall Behind on Payments at Highest Rate on RecordModerna Shaves Off $7 Billion in Value After Pfizer WarningWeb Summit CEO Cosgrave Quits After Israel ControversyIsrael Latest: Gaza Aid Called Inadequate as New Convoy ArrivesIsrael Latest: Gaza Air Strikes to Intensify Be  ( 34 min )
    Are you leaving money on the table: How 1 in 4 couples is missing out on 401 (k) savings
    One in four married couples leaves valuable retirement funds on the table by failing to claim employer matches in their 401 (k) plans, a study finds.  ( 35 min )
    Earnings Miss of the Week: Nokia's Profit Plunges Almost 70% Amid Higher Interest Rates
    Nokia (NOK) ended a challenging quarter in which profit plunged almost 70% as customers took out fewer subscriptions in a tough economy with rising interest rates.  ( 19 min )
    A Huge Bank Doubled Down on NIO Stock. It Sold Intel, Salesforce, and Disney.
    No content preview  ( 20 min )
    Deal to force multinational companies to pay a 15% minimum tax is marred by loopholes, watchdog says
    An ambitious 2021 agreement by more than 140 countries and territories to weed out tax havens and force multinational corporations to pay a minimum tax has been weakened by loopholes and will raise only a fraction of the revenue that was envisioned, a tax watchdog backed by the European Union has warned. The landmark agreement, brokered by the Organization for Economic Cooperation and Development, set a minimum global corporate tax of 15%. The idea was to stop multinational corporations, among them Apple and Nike, from using accounting and legal maneuvers to shift earnings to low- or no-tax havens.  ( 34 min )
    Meta, Amazon Earnings Put Stock Market to the Test
    A slide in Tesla shares suggested traders have little patience for disappointing results.  ( 28 min )
    TipRanks ‘Perfect 10’ List: These 2 Top-Rated Stocks Tick All the Right Boxes
    Every investor wants to get the best returns, and that means building a portfolio based on the best stocks. The only ‘trick’ to succeeding in the market is knowing how to find those stocks – but it’s quite a trick, since the reams of data generated by thousands of traders dealing in thousands of stocks makes an imposing barrier. Fortunately, investors can turn to the Smart Score tool, an AI-driven algorithm created by TipRanks that gathers, sorts, and collates the real-time data from millions of  ( 36 min )
    Time for central bank digital currencies to prove their worth
    A milestone move by the European Central Bank toward launching a digital euro within a few years means the time has come for newest incarnation of money to prove its worth. A few countries have introduced central bank digital currencies (CBDCs), China is trialling a prototype yuan with 200 million users, India is gearing up for a pilot and some 130 countries representing 98% of the global economy are exploring digital cash. The ECB's move on Wednesday to establish a pilot that could lead to a digital currency for the 20 countries that use the common currency, making it the first heavyweight Western central bank to formally forge ahead, could become a global blueprint.  ( 34 min )
    Rolls-Royce facing £350m class action lawsuit from investors
    Rolls-Royce, the FTSE 100 engineering giant, is facing a potential legal claim from investors worth at least £350m after a bribery and corruption scandal wiped millions of pounds from the company’s value.  ( 34 min )
    Europe’s Biggest Money Managers Bet ECB Rates Haven’t Hit a Peak
    (Bloomberg) -- Some of the biggest money managers in Europe say traders are wrong to bet the European Central Bank is done hiking interest rates. Most Read from BloombergCar Owners Fall Behind on Payments at Highest Rate on RecordIsrael Latest: Gaza Air Strikes to Intensify Before ‘Next Stage’Moderna Shaves Off $7 Billion in Value After Pfizer WarningWeb Summit CEO Cosgrave Quits After Israel ControversyIntel, Siemens Pull Out of Web Summit After Israel RemarksAs a net energy importer, the regio  ( 33 min )
    Saving Atos: Jean-Pierre Mustier handed one of France’s messiest rescue missions
    Former UniCredit boss steps into governance and political quagmire to turn around indebted tech contractor  ( 6 min )
    How long will the capacity correction take?
    It may not seem or read like it, but the trucking market is slowly tightening. The question is how much time till it is noticeable? The post How long will the capacity correction take? appeared first on FreightWaves.  ( 35 min )
  • Open

    Nvidia's Stock Slide Has Taken a Toll on Semiconductor ETFs
    Nvidia shares tumbled almost 9% this week after U.S. government officials announced more stringent curbs on exports of advanced AI chips to China, dragging down many technology-centric ETFs that are heavily exposed to the chipmaker.  ( 1 min )
  • Open

    Failliete winkelketen Big Bazar maakt geen doorstart
    De failliete winkelketen Big Bazar maakt geen doorstart. Dat hebben curatoren in een mededeling aan het personeel laten weten.  ( 10 min )
    Brussel overweegt gasprijsplafond te verlengen vanwege oorlog Israël
    De Europese Commissie overweegt het prijsplafond voor aardgas in de Europese Unie langer in stand te houden, zeggen bronnen tegen zakenkrant Financial Times. Door de oorlog in Israël vreest de commissie dat de gasprijs deze winter opnieuw flink kan stijgen.  ( 9 min )
    NU+ | Hoog rendement, verplicht meedoen: Nederlanders hebben beste pensioen
    Afgelopen week werd duidelijk dat ons pensioenstelsel nog altijd het beste van de wereld is. Al jaren staat Nederland aan de top, maar wat maakt die Nederlandse pensioenen nu zo sterk? En wat is minder goed geregeld?  ( 10 min )
    Bedrijfsleven wil regie van de overheid bij aanpak van witwassen
    De overheid moet de regie nemen in de strijd tegen witwassen. Dat zegt een brede coalitie uit het bedrijfsleven. Door wet- en regelgeving kan het bedrijfsleven vaak zijn rol als poortwachter van het financieel stelsel niet uitvoeren, vinden ze.  ( 8 min )
    NU+ | Kamer stemt over cyberwet: 'Geen interesse in Netflix-gedrag buurman'
    De Tweede Kamer stemt dinsdag over een aanpassing van de inlichtingenwet. Daarmee moeten de inlichtingendiensten meer ruimte krijgen om internetverkeer te onderscheppen. "We zijn niet geïnteresseerd in het Netflix-gedrag van uw buurman", zegt demissionair minister Hugo de Jonge. Toch klinkt er kritiek.  ( 10 min )
    NU+ | Stroomnet raakt overvol en bedrijven op een wachtlijst: hoe zit dat?
    Het Nederlandse stroomnet is overvol. Dat maakt het moeilijk om een bedrijf te beginnen dat veel stroom nodig heeft. Er staan nu 6.600 bedrijven op een wachtlijst voor een aansluiting op het netwerk, en de krapte zal nog jaren aanhouden. Hoe zit dat?  ( 9 min )
    Praat Mee | Heb jij de verwarming al aangezet?
    NU.nl kiest elke dag een actueel onderwerp waarover jij uitgebreid met medelezers van gedachten kunt wisselen. Vandaag gaat het over de verwarming. Na een lange nazomer werd het afgelopen week zo koud dat in veel huishoudens de verwarming weer werd aangezet. Heb jij dit al gedaan of juist niet? En heb je zelf nog tips om energie te besparen?  ( 8 min )
  • Open

    Earnings Miss of the Week: Nokia's Profit Plunges Almost 70% Amid Higher Interest Rates
    Nokia (NOK) ended a challenging quarter in which profit plunged almost 70% as customers took out fewer subscriptions in a tough economy with rising interest rates.  ( 1 min )

  • Open

    The Downward Spiral of Trading Addiction
    Trading in the financial markets can spark feelings that can lead to trading addiction.  ( 26 min )
    Going All-In: Investing vs. Gambling
    Investing and gambling both involve risk and choice—specifically, the risk of capital with hopes of future profit. But the odds are against gamblers from the start and usually increase over time, while investors can mitigate risk and usually profit in the long-term.  ( 27 min )
    How to Open a CD for a Child
    You can use a custodial account to open a CD for a child. In this guide, we'll show you how.  ( 24 min )
    What Is Backward Induction? Definition, How It Works, and Example
    In game theory, backward induction is the process of deducing backward from the end of a problem or scenario to infer a sequence of optimal actions. See how it works.  ( 24 min )
    CDs vs. Annuities: What's the Difference?
    Both CDs and annuities offer a low-risk, low-return way of investing. However, there are some important differences between these financial products.  ( 24 min )
    What Is the Payment on a $500,000 Home Equity Loan?
    In this guide, we’ll show you how to calculate your home equity loan payments.  ( 25 min )
    CDs vs. Crypto: What's the Difference?
    CDs and crypto are two very different ways to invest. CDs are low risk and low return, while crypto is the opposite. We'll explain both in this guide.  ( 23 min )
    Drake Tied With Michael Jackson For Billboard Singles—Here's Drake's Net Worth
    Rapper and singer Drake has made millions from successful albums and concert tours, while also amassing a fortune from business ventures such as his own record label, and liquor brand, and lucrative endorsement deals with major brands like Nike.  ( 19 min )
    Homes Have Somehow Gotten Even Less Affordable
    As of August, homebuyers needed a household income of $115,000—about $40,000 more than the average household earns—in order to buy a median-priced home, online real estate firm Redfin said in a report this week.  ( 18 min )
    The United States vs. Canada: Differences in Investing
    Though there are certainly some differences, American and Canadian investors have more in common than not.  ( 26 min )
    Cryptocurrency Scams: How To Spot, Report, and Avoid
    Due to the rise in reported crypto scams, being aware of common types and ways to protect yourself from them is more important than ever.  ( 28 min )
    Health-Care Premiums Up 7% in 2023 After Modest Rise Last Year, Survey Finds
    Employer-sponsored health care premiums jumped in 2023 as persistent high inflation affects medical costs.  ( 17 min )
    Mortgage Note: What It Is & How It Works
    A mortgage note is a legal document for the loan contract between the lender and borrower when purchasing real estate.  ( 21 min )
  • Open

    Google ordered to pay $1 million to female exec who sued over gender discrimination
    Ulku Rowe, a Google Cloud engineering director, filed a lawsuit against Google claiming it offered her a lower level, lower paid job than was given to men with less experience, and denied her promotions despite her qualifications.  ( 32 min )
    Going All-In: Investing vs. Gambling
    Investing and gambling both involve risk and choice—specifically, the risk of capital with hopes of future profit. But the odds are against gamblers from the start and usually increase over time, while investors can mitigate risk and usually profit in the long-term.  ( 27 min )
    Warren Buffett shared timeless investment wisdom in his first-ever national TV interview nearly 40 years ago. Here are the best 9 quotes.
    Warren Buffett was worth $500 million when he sat down with for his first-ever national TV interview with PBS in 1985.  ( 34 min )
    Treasury yields are surging. Here's what history says might come next for the bond market.
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    Hackers leak more 23andMe data, X cracks down on porn and Andreessen writes a manifesto
    Welcome, folks, to Week in Review (WiR), TechCrunch's regular newsletter that highlights notable tech industry happenings over the past few days. Life moves pretty fast, as a young Matthew Broderick once said -- we empathize. In this edition of WiR, we cover a hacker leaking millions of 23andMe customer records, X's crackdown on porn, Meta's Ray-Ban sunglasses and Marc Andreessen's tone-deaf manifesto.  ( 36 min )
    Why now is actually a good time to buy a house
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    Fresh Growth Numbers Are Set to Show US Remains Economic Powerhouse
    (Bloomberg) -- The world’s largest economy probably expanded at the quickest pace in nearly two years during the third quarter on the back of a steadfast US consumer, a challenge for Federal Reserve officials who are debating whether additional policy tightening is needed. Most Read from BloombergCar Owners Fall Behind on Payments at Highest Rate on RecordModerna Shaves Off $7 Billion in Value After Pfizer WarningWeb Summit CEO Cosgrave Quits After Israel ControversyIsrael Latest: Gaza Air Strik  ( 37 min )
    Wild Treasuries Swings Just Starting as Bond Traders ‘Buckle Up’
    (Bloomberg) -- A surprisingly strong US economy and mixed signals from the Federal Reserve have fueled some of the wildest swings in Treasuries in recent memory. Add geopolitical angst and a surge in debt supply and you have a recipe for sustained volatility for months to come, market watchers say.Most Read from BloombergCar Owners Fall Behind on Payments at Highest Rate on RecordIsrael Latest: Gaza Air Strikes to Intensify Before ‘Next Stage’Intel, Siemens Pull Out of Web Summit After Israel Re  ( 34 min )
    Bank Bonds That Cut Risk Draw Ares and Blackstone: Credit Weekly
    (Bloomberg) -- Banks are reviving the sale of credit-linked notes, a type of synthetic securitization that’s been relatively uncommon in the US since the financial crisis, ahead of new rules that will require them to hold more regulatory capital.Most Read from BloombergCar Owners Fall Behind on Payments at Highest Rate on RecordIsrael Latest: Gaza Air Strikes to Intensify Before ‘Next Stage’Moderna Shaves Off $7 Billion in Value After Pfizer WarningWeb Summit CEO Cosgrave Quits After Israel Cont  ( 36 min )
    The best and worst retirement systems in the world: US is just mediocre, survey finds
    The US retirement income system earned a C+ in the 15th annual Mercer CFA Institute Global Pension Index.  ( 36 min )
    Where the housing market has Morgan Stanley only seeing pain for homebuyers ahead, Zillow keeps cutting its forecast. Here’s why
    Are we on the brink of a "housing recession" as existing home sales plummet to 2010 levels? Zillow is doubling down on its prediction on home prices.  ( 34 min )
    Web Summit CEO resigns after comments on Israel-Hamas conflict
    "Unfortunately, my personal comments have become a distraction from the event, and our team, our sponsors, our startups and the people who attend," Cosgrave said in a statement. Web Summit, which organises one of the world's largest tech conferences every year, will appoint a new CEO as soon as possible, a spokesperson for the company said in an emailed statement, adding that Web Summit 2023 in Lisbon will go ahead as planned. According to a Bloomberg report on Friday, Google and Meta Platforms Inc, as well as several other tech companies including Intel Corp and Siemens AG have decided not to participate in the event.  ( 33 min )
    Analysts find strength in consumer stocks Hershey, P&G, J&J
    Consumer staples is the third worst performing sector this year, but early earnings results show sentiment towards the sector may soon shift.  ( 36 min )
    This Is What Actually Happens to Your Mortgage When You Die
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    Canada's LNG Ambitions Set To Reshape Global Gas Market
    Canada is making significant strides in developing its first LNG export facility, with the potential to boost North America's LNG supply chain.  ( 35 min )
    Can I Make $1,000 Bucks Every Month in Dividends?
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    $2 Million Will Last You This Long if You Retire at 55
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    Ask an Advisor: My Investments Are ‘Dwindling Away Slowly.' Should We Flee to Cash?
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    Is It Possible For My Beneficiaries to Transfer Property Out of a Trust After I Die?
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    5 Incredibly Costly Retirement Withdrawal Mistakes to Avoid at All Costs
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    Ask an Advisor: Help Me Understand the ‘Best Way' to Manage an IRA. Is It Better to Pay Taxes Now or in Retirement?
    No content preview
    Ask an Advisor: ‘Prove Me Wrong.' I Think Investing in CDs Is a Better Deal Than Working With an Advisor
    No content preview
    Ask an Advisor: We're 65, Have $1 Million Saved and $42K in Social Security Benefits. Can We Live on $90K Per Year?
    No content preview
    Ask an Advisor: I'm 73 and My 401(k) ‘Hasn't Been Doing Well.' Should I Withdraw My Money and Invest in CDs?
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    Ask An Advisor: Where Should I Stash Short-Term Savings?
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    The Weight of War: What Happened This Week to Oil, Defense Stocks, and Gold.
    Humanitarian aid arrived in Gaza for the first time Saturday since the attacks in Israel by Hamas earlier this month.  ( 17 min )
    The U.S. Cities With the Most Cutting-Edge Tech Workers
    Tech hubs: Which cities are at the top of the heap as far as technology workforces and skills?  ( 25 min )
    Dow Jones Futures: Market Point Break? Microsoft, Meta, These Titans Lead Earnings Wave
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    China coal imports hit record high after surge in air conditioning use
    Millions of people turning on air conditioners have prompted China to import record amounts of coal to support its electricity grid.  ( 33 min )
    Dow Jones Slumps 287 Points, Weighed Down By American Express; Tesla Violates Key Level
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    The Gold Price Rally Faces A Key Test. Why A Passing Grade Could Lead To A Long-Term Move.
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    The laid-off masses have a message for Mark Zuckerberg and Marc Benioff: We’ll never come back
    Over half of professionals told Glassdoor in a new survey that they wouldn’t boomerang back to a job they were laid off at.  ( 33 min )
    China to bolster economic recovery and curb risks -central bank head
    China will promote a sustained economic recovery, focusing on expanding domestic demand, while fending off financial risks, People's Bank of China Governor Pan Gongsheng said in a report published on Saturday. The central bank will make its policy more "precise and forceful", while guiding financial institutions to cut real lending rates and reducing financing costs for firms and individuals, Pan said in the report published on the bank's website. Efforts will be made to activate the capital markets and boost investor confidence, Pan said in the report that outlined the authorities' near-term priorities and was delivered to the country's parliament.  ( 32 min )
    The new strategy for US banks: Shrink
    Lenders are shedding people, loans, and businesses as they try to stabilize their earnings during a challenging period for the industry.  ( 37 min )
    S&P 500 Giant Adobe Leads Five Stocks Near Buy Points Without This Risk
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    Homebuyers and owners get a lending boost from potential rental units on their properties
    New law allows lenders count 75% of estimated rental income from accessory dwelling units, or ADUs for purchase mortgage and 50% for to-be-built ADU for renovation mortgage.  ( 35 min )
    Chevron, Repsol Poised to Capitalize on Venezuelan Oil Opening
    (Bloomberg) -- Venezuela has an opportunity to resuscitate the linchpin of its economy — oil — now that punishing US sanctions have been relaxed. The surprise move on Oct. 18 allows international companies to apply the full weight of their expertise and technology to crude fields and infrastructure that atrophied amid years or underinvestment, civil turmoil and international isolation. Most Read from BloombergCar Owners Fall Behind on Payments at Highest Rate on RecordIsrael Latest: Gaza Air Str  ( 34 min )
    China to bolster economic recovery and curb risks, central bank head says
    China will promote a sustained economic recovery, focusing on expanding domestic demand, while fending off financial risks, People's Bank of China Governor Pan Gongsheng said in a report published on Saturday. The central bank will make its policy more "precise and forceful", while guiding financial institutions to cut real lending rates and reducing financing costs for firms and individuals, Pan said in the report published on the bank's website. Pan said efforts would be made to activate the capital markets and boost investor confidence.  ( 32 min )
    China Raids Offices of WPP Unit GroupM, Detains Executive
    The police raid comes as Beijing takes an increasingly tough stance on foreign businesses.  ( 27 min )
    Apple CEO Tim Cook meets Chinese vice-premier, renews commitment to China
    Chinese Vice-Premier Ding Xuexiang and Apple CEO Tim Cook have met in Beijing, with both committing to Apple's participation in developing the country's digital economy and hi-tech supply chain, as the US tech giant attempts to shift its China narrative amid controversies over national security and censorship. After a quiet start, Cook's surprise China trip has ramped up over the past few days, to include meetings with Ding and other high ranking officials such as Ministry of Industry and Inform  ( 34 min )
    ‘Generational wealth’ influencers tout benefits of parents adding kids to credit cards
    TikTok is rife with influencers advising parents give their children access to credit—but many aren’t being clear about the downside risk.  ( 35 min )
    Millennials are discovering this recession-resistant asset of the super-rich—and some indexes show it’s outperforming the S&P500
    JPMorgan, Christie's and LiveArt weigh in on why the asset of art is so powerful—but the pitfalls to be wary of.  ( 36 min )
    Most Seniors Will Need Long-Term Care. Here’s How to Save for It.
    One report found that 80% of seniors will need long-term care. Less than 4% of Americans have long-term care insurance.  ( 24 min )
    UAW Leader Cites Progress at Bargaining Table, Forgoes More Walkouts
    United Auto Workers President Shawn Fain says automakers still have “more to give” in contract talks.  ( 30 min )
    Demand destruction will outweigh a wider Mideast conflict in oil markets, JPMorgan says
    Israel's past conflicts have rarely resulted in major turmoil for oil markets, JPMorgan wrote.  ( 34 min )
    The Dow's transportation index is ringing alarm bells about the broader stock market
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    Home prices could drop 5% next year if mortgage rates stay at 2-decade highs, Morgan Stanley says
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    The stock market's volatility indicator is signaling a trough in the S&P 500
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    'The Big Short' investor Steve Eisman says he's buying stocks rooted in the 'old economy,' and that there's no new housing crisis in sight
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    Stocks Sense Trouble, Even Though the Economy Is Strong
    Rising yields have put a damper on the stock market. But for now, household wealth is offsetting monetary tightening.  ( 23 min )
  • Open

    Grote Chinese bierproducent onderzoekt medewerker die over gerstemout plaste
    Een van de grootste bierproducenten van China is een onderzoek begonnen naar een fabrieksmedewerker, nadat een video viraal ging waarin hij urineerde over een voorraad gerstemout in een magazijn.  ( 8 min )
    Toonaangevende kredietbeoordelaar optimistisch over Nederlandse economie
    Ratingbureau S&P Global is optimistisch over de Nederlandse economie in 2024. De toonaangevende kredietbeoordelaar voorziet dat de economie vanaf volgend jaar gaat aantrekken, ondersteund door een sterkere binnenlandse vraag.  ( 8 min )
    Topvrouw van grootste Duitse vakbond richt pijlen op Elon Musk
    De aanstaande topvrouw van Duitslands machtigste vakbond IG Metall waarschuwt Elon Musk. De Tesla-topman probeert volgens haar vakbondsvorming in Duitsland te voorkomen.  ( 8 min )
    Oud-bestuurder Carel van den Driest overleden
    Carel Juliaan van den Driest, voormalig bedrijfscommissaris en bestuurder bij onder andere Vopak is op 75-jarige leeftijd overleden. Dat heeft zijn familie bekendgemaakt in een overlijdensadvertentie in NRC.  ( 8 min )
    NU+ | Najaarstrek in volle gang: zo proberen windparken vogels te sparen
    Om barre winters te ontvluchten, vliegen miljoenen vogels tijdens de najaarstrek Nederland over. Ze passeren ook de Noordzee, waar veel windmolens staan. Windparken en de overheid nemen maatregelen om zo min mogelijk vogelslachtoffers te veroorzaken. "Een windmolen mag geen gehaktmolen worden."  ( 9 min )
    Deze week ging massaal de verwarming aan (en het gasverbruik omhoog)
    Na een lange nazomer werd het afgelopen week zo koud dat in veel huishoudens de verwarming voor het eerst sinds het voorjaar weer werd aangezet. Daarmee liep ook het gasverbruik op. Dat is wel veel later dan afgelopen jaren.  ( 10 min )
    NU+ | Met het opsporen van sluipverbruik kun je veel geld besparen
    Er zijn apparaten in huis die in stand-by veel stroom verbruiken. Maar zelfs het uitzetten van een apparaat is geen garantie dat hij geen elektriciteit meer verbruikt. Met een energiemeter kun je sluipverbruik opsporen om uiteindelijk geld te besparen.  ( 9 min )
    NU+ | ZA 5.00: Met het opsporen van sluipverbruik kun je veel geld besparen
    Er zijn apparaten in huis die in stand-by veel stroom verbruiken. Maar zelfs het uitzetten van een apparaat is geen garantie dat hij geen elektriciteit meer verbruikt. Met een energiemeter kun je sluipverbruik opsporen om uiteindelijk geld te besparen.  ( 9 min )
    ZAT5u Deze week ging massaal de verwarming aan (en het gasverbruik omhoog)
    Na een lange nazomer werd het afgelopen week zo koud dat in veel huishoudens de verwarming voor het eerst sinds het voorjaar weer werd aangezet. Daarmee liep ook het gasverbruik op. Dat is wel veel later dan afgelopen jaren.  ( 10 min )

  • Open

    Amazon Stock Could Climb More Than 35%, Wedbush Says
    Wall Street research on Amazon.com, Pfizer, Bank of New York Mellon, J.B. Hunt, and Tyler Technologies  ( 23 min )
    Another stock market buy signal flashes as investors flee to 'extreme bearish' positioning
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    Morgan Stanley Ramps Up ETF Push with 5 New Funds
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    VMware Holders Face Key Deadline on Monday for Broadcom Merger
    Shareholders have until Monday to decide whether to get cash or stock for Broadcom’s purchase of the software company.  ( 18 min )
    Investors seek shelter as U.S. stocks grow more turbulent
    Growing volatility in U.S. stocks is driving a search for defensive assets, though investors may have fewer places to hide this time around. Wall Street’s most closely-watched measure of investor nervousness, the Cboe Volatility Index, on Friday hit its highest in nearly seven months, as the S&P 500 slid for the week. Assets that can help investors weather the storm may be in short supply.  ( 34 min )
    Rivian Sticks to Its Plans as Things Get Tough for EV Makers
    Rivian Automotive said it plans to start construction on its second EV plant, in Georgia, right on schedule in 2024.  ( 21 min )
    Bond Yields Are Flying. Here Are 7 Stocks to Play the Trend.
    Companies such as BlackRock, T. Rowe Price, and AllianceBernstein could benefit from growing investor interest in bonds and any move away from alternative investments.  ( 27 min )
    Billionaire investor Leon Cooperman says the S&P 500 won't hit a new high for years – and house prices will probably fall
    Leon Cooperman told Insider the stock market was overpriced and poised to underperform in the years ahead and home prices were at unsustainable highs.  ( 33 min )
    Apple Stock Falls Again. What’s Behind the Losing Streak.
    Apple 6-day stock’s losing streak is the longest since January 2022.  ( 18 min )
    Investors Are Forced To Recalibrate as 10-Year Treasury Yield Flirts with 5%
    After years of equity-friendly low interest rates, the benchmark 10-year U.S. Treasury yield is flirting with the 5% level, complicating investing choices and forcing a market reorientation.  ( 21 min )
    The IRS will soon set new tax brackets for 2024. Here's what to know.
    The IRS is set to announce new tax bracket thresholds for the 2024 tax year. One expert says to expect a 5.4% increase from last year.  ( 32 min )
    Johnson & Johnson Considers Ditching Texas Two-Step for Third Talc Bankruptcy
    The healthcare giant is exploring another bankruptcy and a Supreme Court appeal to try to resolve its mass talc liabilities.  ( 23 min )
    SLB's North American Sales Fall for a Second Straight Quarter, and Shares Drop
    SLB's revenue in North America slumped for a second consecutive quarter, and overall sales missed forecasts.  ( 18 min )
    Regions Financial Shares Sink as Results Miss Estimates, Squeezed by High Interest Rates
    Regions Financial missed estimates for profit, sales, and interest income as high interest rates squeezed the bank's finances.  ( 18 min )
    Only 2 Major Automakers Haven’t Adopted Tesla’s EV Charging Standard
    But two other major automakers just joined the fold.  ( 33 min )
    The housing winter arrives early as existing-home sales crash to Great Recession levels and the long-feared ‘deep freeze’ sets in
    Zillow warned in May that housing would enter a “deep freeze” if mortgage rates hit 8%. They came anyway—and existing home sales hit a 13-year low.  ( 36 min )
    Top CD Rates Today: 15 Choices Offer Historic Returns of 5.75% to 6.50%
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union for 8 months and 6.00% from Credit Human on a take-your-pick term of 12-17 months.  ( 21 min )
    Stocks tumble amid bond market pummeling: Stock market news today
    Investors looking to earnings to lift the downbeat mood have yet to find relief, despite strong financial reports.  ( 42 min )
    Are the 7 Big Tech Stocks Overvalued? Here’s One Way to Tell.
    We work the cash-flow math on the Big Seven tech stocks and rate them Yeah, Meh, and Nah.  ( 27 min )
    The US debt mountain is growing so fast the government could soon be spending more on interest payments than on defense
    The US's ballooning debt burden could eventually chip away at the demand for Treasury bonds, according to Capital Group.  ( 33 min )
    Canada Pension Plan (CPP) vs. U.S. Social Security: What's the Difference?
    The Canada Pension Plan (CPP) and U.S. Social Security system provide retirement, survivor, and disability benefits. See how their contributions and benefits compare.  ( 27 min )
    Dip buyers flock to Tesla Bull ETF amid stock selloff
    Investors piled into a leveraged exchange traded fund that bet on upside in Tesla's shares as the company's stock price sank following a weaker-than-expected earnings report. The Direxion Daily TSLA Bull 1.5X Shares ETF, the largest single-stock ETF for bullish bets on Tesla's shares, saw net daily inflows of $24.9 million on Thursday, according to Lipper data. The inflows came as the $833 million fund - which seeks to track 150% of Tesla's daily stock price performance - fell 14% on Thursday, while Tesla's shares fell 9.3% to a two-month low the day after CEO Elon Musk warned that high interest rates could sap demand for electric vehicles.  ( 33 min )
    Oracle Stock Falls After AI Event Highlighted Challenging Buildout
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    3 REITs With Upcoming Earnings And Dividend Yields Over 7%
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    3 REITs That Were Hit With Downgrades This Week
    Analysts downgrade a stock for several reasons. The stock may have risen so much in recent weeks that the analyst feels the stock is no longer a good value relative to its price, or the analyst feels a company is unlikely to perform well in the coming months. This could be because of increased competition, a decline in its products or services, a perceived downturn in the general economy or the resignation of a longstanding company insider. Whatever the reasons, investors holding positions in do  ( 35 min )
    Summers Says Fed Will Have to Engage on Growing US Debt Pile
    (Bloomberg) -- Former Treasury Secretary Lawrence Summers said the Federal Reserve will at some point have to weigh in on the US government’s growing mountain of debt because of its implications for interest rates. Most Read from BloombergIsrael Latest: Hamas Says Two US Hostages Held in Gaza ReleasedHere’s What 8% Mortgage Rates Will Do to the Housing MarketBiden’s Influence Turns Israel's Ground War Plans Into ‘Something Different’Where Does Israel Get Its 220,000 Barrels of Oil Every Day?UAW  ( 34 min )
    Week’s Best: Reasons to Avoid Choosing a Family Member as Your Successor Trustee
    Here’s our weekly roundup of the most-read articles at Barron’s Advisor.  ( 23 min )
    Why FTX's Plan To Refund 90% of Recovered Assets Doesn't Add Up To 90% of Customer Losses
    Failed crypto exchange FTX proposed a plan to refund up to 90% of assets recovered to customers, but some creditors say that the actual refund could be smaller than what customers lost.  ( 20 min )
    Analyst Report: Kinder Morgan Inc
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    Analyst Report: Etsy Inc
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    Analyst Report: American Express Co.
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    Analyst Report: Genuine Parts Co.
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    Market Update: AXP, GPC, NOK, BMI, KMI, ETSY
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    Will I Owe Taxes on Reinvested Dividends?
    Investing in dividend stocks can create a nice stream of passive income. Instead of receiving payouts as cash, you can also use dividends to increase your holdings by reinvesting them to purchase additional shares of stock. Among other benefits, reinvesting dividends can help you avoid brokerage fees. However, even when you don't receive dividends as […] The post Do You Pay Taxes on Dividends Reinvested? appeared first on SmartReads by SmartAsset.  ( 33 min )
    Ask an Advisor: We Are 70 Years Old, Have $99K in Retirement Income, a $1.4M IRA and Other Investments. Is It Too Late to Convert to a Roth?
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    The Last 5 Years Before You Retire Are Critical: Everything You Should Do Before Time Runs Out
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    UAW presses Detroit automakers for better offer, threatens more walkouts
    DETROIT (Reuters) -United Auto Workers President Shawn Fain on Friday warned of more walkouts at U.S. truck and SUV factories unless the Detroit Three automakers improved wage and benefit offers, insisting companies could afford more than the record packages on the table. "We're striking the Big Three like we've never struck before," Fain said. After five weeks of strikes, Fain said the UAW had received fresh contract offers from General Motors and Chrysler-parent Stellantis in the past 24 hours.  ( 35 min )
    Stocks haven’t been this volatile since the regional banking crisis
    Wall Street's favorite volatility gauge is picking up steam as a number of headwinds weigh on investor sentiment.  ( 34 min )
    Moderna Shaves Off $7 Billion in Value After Pfizer Warning
    (Bloomberg) -- The pandemic officially ended months ago, allowing a weary public to get back to normal living. That was great news for large swaths of the economy.Most Read from BloombergIsrael Latest: Hezbollah Fires Missiles as Leaders Head to CairoHere’s What 8% Mortgage Rates Will Do to the Housing MarketWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Biden’s Influence Turns Israel's Ground War Plans Into ‘Something Different’UAW and General Motors Inch Toward Tentative Deal, Unio  ( 34 min )
    Stocks slide as week of battering by yields nears end: Stock market news today
    Investors looking to earnings to lift the downbeat mood have yet to find relief, despite strong financial reports.  ( 36 min )
    What Are the Pros & Cons of the Section 199A Dividend Tax Deduction?
    Section 199A dividends are distributions from the profits of domestic real estate investment trusts (REITs) that qualify for a special 20% tax deduction. Investing in Section 199A dividends can provide a valuable tax deduction for investors, and income limits don't apply to Section 199A income from REITS. Understanding the ins and outs of this tax […] The post What Are Section 199A Dividends? appeared first on SmartReads by SmartAsset.  ( 34 min )
    El-Erian Says Fed Has No Vision, Warns of Overtightening Risks
    (Bloomberg) -- The US economy is seeing a period of “greater uncertainty” because of a lack of vision from Federal Reserve officials who remain determined to bring inflation back down to their 2% target, said Mohamed El-Erian.Most Read from BloombergWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Here’s What 8% Mortgage Rates Will Do to the Housing MarketIsrael Latest: Hezbollah Fires Missiles as Leaders Head to CairoBiden’s Influence Turns Israel's Ground War Plans Into ‘Something Di  ( 33 min )
    Dow Jones Falls As Gold Heads Higher; Student Loans Repayment Misfires
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    The Cream Of The Crop: 5 Biotechs That Outrank Most Stocks
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    AT&T Stock Is Having Its Best Week in a Year
    Shares of AT&T have had a good week. AT&T stock was recently up 3%, on pace for its best week since last October, buoyed by upbeat news about cellphone  ( 23 min )
    These 12%-Plus Dividend Stocks Look Very Attractive Right Now, Analysts Say
    Year-to-date, markets are up – some 12% for the S&P 500, and 28% for the NASDAQ, even after recent volatility and pullbacks. But there’s worry in the air, and the red flags are flying. A combination of persistently high inflation and interest rates, along with an increasingly dangerous geopolitical situation, has more and more experts calling out warnings. On the domestic policy side, Federal Reserve chairman Jerome Powell said in recent comments, “Inflation is still too high, and a few months o  ( 36 min )
    Ryan Reynolds Made Over $450 Million In Just A Few Years But Insists He's Not A Pro Investor: 'Experts Have Forgotten More About Investing Than I'll Ever Know'
    When people hear the name Ryan Reynolds, they might immediately think of the sharp-witted actor famous for roles like Deadpool. But these days, Reynolds is making headlines for a different reason: his skill as an entrepreneur. With a collection of business ventures that have sold for more than $2 billion, Reynolds is proving he's not just a one-trick pony. In an interview with "Mad Money" host Jim Cramer, Reynolds delved deeper into his investment philosophy, particularly regarding Mint Mobile.  ( 34 min )
    VinFast, Vietnamese Billionaire's EV Startup, Secures Up to $1 Billion in Funding
    VinFast Auto, an electric-vehicle maker controlled by Vietnam's richest man, agreed to potentially sell up to $1 billion of shares to Yorkville Advisors, a U.S.-based investment firm. The company has the option, but not the obligation, to sell the shares to Yorkville over the next 3 years, accordin  ( 24 min )
    Nvidia Gets Another Price-Target Cut. China Restrictions Will Have Consequences, Analyst Says.
    KeyBanc Capital Markets analyst John Vinh cuts his price target on Nvidia to $650 from $750.  ( 19 min )
    More Regional Banks Earnings Are Out: Huntington, Comerica, Regions Financial
    Another round of regional banks is out with third-quarter earnings. The results this week have pointed to mounting expense pressures on midsize and smaller players. An index of regional bank shares fell Friday morning. Here are the highlights: Huntington Bancshares: Profit fell 8% from a year e  ( 23 min )
    Solar-Power Stocks Tumble on Slowing Installations; SolarEdge Plummets
    Solar stocks dropped after SolarEdge Technologies (SEDG), a U.S.-listed and Israel-based equipment maker, said clients in Europe had been ["much slower" to install its equipment](https://investors.solaredge.com/news-releases/news-release-details/solared  ( 24 min )
    Bitcoin briefly rallies above US$30,000 following Grayscale’s new ETF application
    Bitcoin gained over 10% this past week, boosted by Grayscale’s renewed spot Bitcoin ETF application.  ( 33 min )
    Dow Jones Futures Extend Losses From Market Sell-Off; SolarEdge Crashes 28% On Warning
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    Comerica Profit Tumbles but the Bank’s Earnings Beat Expectations. Here’s Why.
    The regional bank posted third-quarter earnings of $1.84 a share, while Wall Street was expecting $1.69.  ( 14 min )
    SLB Beats Q3 Profit Forecasts On Growth In The Middle East. Has Israel-Hamas War Changed Its Strategy?
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    6 Of The Year's Best Stocks Are Crashing Now (Including Tesla)
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    M&A to explode in 2024 as roughly 1,200 companies are expected to run out of money
    Birkenstock was the nail in the coffin for IPOs  ( 33 min )
    Regions Financial Stock Falls After Earnings Miss
    Regions Financial posts third-quarter revenue and net interest income below expectations.  ( 14 min )
    Employees are so sick of the five-day workweek that most would take a pay cut to make a four-day week happen
    The 4-day week has been proven to increase productivity and world-life balance. Now staff say they'll take a pay cut to make it happen.  ( 33 min )
    Knight-Swift Stock Is Soaring. The Trucker’s Solid Earnings Aren’t What’s Driving It.
    Knight Swift posted third-quarter earnings per share of 41 cents from sales of $2 billion. Wall Street was looking for 36 cents and $1.9 billion, respectively.  ( 20 min )
    5 Things to Know Before Markets Open
    Shares of solar stocks fell after SolarEdge Technologies warned of canceled European orders and Knight-Swift Transportation shares jumped after it reported rising revenue in its less-than-truckload business. Here’s what investors need to know today.  ( 18 min )
    Moscow tells officials to buy Russian Ladas, Chinese cars
    As the West shuns Russia, Russia has shunned Western corporations. The Kommersant newspaper this year reported the Kremlin had told officials involved in preparations for Russia's 2024 presidential election to stop using Apple iPhones because of concerns the devices are vulnerable to Western intelligence agencies. On Friday, the Industry and Trade Ministry said the car list was made up of those recommended for priority use by state and municipal employees for official purposes, following an instruction from President Vladimir Putin.  ( 32 min )
    Stocks fall as week of battering by yields nears end: Stock market news today
    Investors looking to earnings to lift the downbeat mood have yet to find relief, despite strong financial reports.  ( 35 min )
    US futures fall as week of battering by yields nears end: Stock market news today
    Investors looking to earnings to lift the downbeat mood have yet to find relief, despite strong financial reports.  ( 34 min )
    How a Vegas Whale, and Many More, Tap Billions Meant for US Housing
    (Bloomberg) -- As prices across the US climbed last year, Texas tycoon and legendary high-stakes poker player Andy Beal saw a chance to profit. All he needed was several billion dollars to wager on inflation.Most Read from BloombergWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Here’s What 8% Mortgage Rates Will Do to the Housing MarketBiden’s Influence Turns Israel's Ground War Plans Into ‘Something Different’Ringgit Falls to 25-Year Low, the Worst Performer in Asia After Yen This Y  ( 44 min )
    American Express Posts Record Results as Households Keep Spending and Traveling
    American Express says third-quarter revenue rose 13% to $15.4 billion.  ( 16 min )
    Daily Spotlight: Headed Back to Normal
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    Technical Assessment: Neutral in the Intermediate-Term
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    AmEx's third-quarter profit beats estimates on buoyant spending
    AmEx, which caters to a premium customer base, has largely been able to mitigate the hit from inflation and the Federal Reserve's rate hikes, which have made borrowing costly and reined in discretionary spending. "Travel and Entertainment (T&E) spending remained robust... Restaurant spending was again one of our fastest-growing T&E categories," CEO Stephen Squeri said in a statement.  ( 33 min )
    Analyst Report: Citizens Financial Group Inc
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    Analyst Report: Las Vegas Sands Corp
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    Analyst Report: Equifax, Inc.
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    Analyst Report: KeyCorp
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    Analyst Report: ProLogis
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    Amazon managers given the greenlight to fire employees who won’t work from the office 3 days a week
    “Continued non-compliance” with the tech giant’s return-to-office mandate could land employees in hot water, according to Amazon’s new management guidelines.  ( 34 min )
    EV maker VinFast strikes shares deal with Yorkville for up to $1.0 billion
    Vietnamese electric vehicle (EV) maker VinFast said on Friday it has entered into a share subscription of up to $1 billion with U.S.-based fund Yorkville Advisors as it seeks to fund expansion in overseas markets. VinFast has the option, but not the obligation, to require Yorkville to subscribe for up to $1.0 billion worth of ordinary shares in VinFast at any time during the term of the agreement, VinFast said in a filing to the U.S. securities authority.  ( 31 min )
    Market Digest: TSM, PLD, EFX, JNJ, KEY, LVS, NFLX, TSLA, CFG
    No content preview
    VinFast Inks $1 Billion Share Sale Pact With Yorkville Advisors
    (Bloomberg) -- VinFast Auto Ltd. has agreed to sell as much as $1 billion worth of new shares to Yorkville Advisors Global over three years as the Vietnam electric vehicle maker seeks to boost the public float of its US-listed stock.Most Read from BloombergWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Here’s What 8% Mortgage Rates Will Do to the Housing MarketBiden’s Influence Turns Israel's Ground War Plans Into ‘Something Different’Ringgit Falls to 25-Year Low, the Worst Performer  ( 34 min )
    Pimco Is Selling Hung Debt It Bought From Banks for a Premium
    (Bloomberg) -- Pacific Investment Management Co. spent some of last year scooping up debt that banks couldn’t sell at knock-down prices. Now it’s started to slowly offload some of those positions at double-digit premiums.Most Read from BloombergIsrael Latest: China Sends Envoy to Cairo, US Senators in SaudiHere’s What 8% Mortgage Rates Will Do to the Housing MarketBiden’s Influence Turns Israel's Ground War Plans Into ‘Something Different’Where Does Israel Get Its 220,000 Barrels of Oil Every Da  ( 34 min )
    Exxon Makes Up for Lost Time With $60 Billion Shale Deal
    (Bloomberg) -- Three years ago, oil prices dipped below zero and Scott Sheffield’s company — like so many other producers — was in trouble.Most Read from BloombergWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Here’s What 8% Mortgage Rates Will Do to the Housing MarketRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearBiden’s Influence Turns Israel's Ground War Plans Into ‘Something Different’Israel Latest: US, Saudi Defense Chiefs Discuss Middle EastThe lon  ( 39 min )
    Nvidia Dip-Buyers Burned by US Chip Battle With China
    (Bloomberg) -- Investors who snapped up shares of Nvidia Corp. at the bottom of last month’s swoon got a harsh reminder of the multiple forces pushing and pulling on the chipmaker’s business prospects.Most Read from BloombergWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Here’s What 8% Mortgage Rates Will Do to the Housing MarketRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearBiden’s Influence Turns Israel's Ground War Plans Into ‘Something Different’Isra  ( 35 min )
    Beijing is reportedly preparing to scupper Broadcom’s $69 billion U.S. merger in retaliation against Biden’s new chips rules
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    Five Investors on Investing in the 5% World
    The 10-year yield is close to hitting 5% for the first time since 2007. We asked some of Wall Street’s brightest how to play it.  ( 28 min )
    Even strong earnings might not be able to save stocks
    Earnings haven't driven the stock market higher despite a number of beats in Q3 so far. Bond yields remain investors' focus.  ( 35 min )
    Oil, Gold Rise After U.S. Intercepts Missiles From Yemen as Mideast Tensions Rise
    The fear for investors is that a wider war could disrupt supplies of oil.  ( 16 min )
    BofA Sees Near-Term Stock Rally as Signal Flashes Contrarian Buy
    (Bloomberg) -- Investor positioning in stocks has become so bearish that it’s triggered a “contrarian buy signal” in a custom Bank of America Corp. indicator, setting up the asset class for a short-term rally, according to strategist Michael Hartnett.Most Read from BloombergWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Here’s What 8% Mortgage Rates Will Do to the Housing MarketRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearBiden’s Influence Turns Israel  ( 34 min )
    These Stocks Are Moving the Most Today: SolarEdge, Enphase, Knight-Swift, Intuitive Surgical, HPE, American Express, and More
    Solar stocks tumble after SolarEdge warns about demand in Europe, Knight-Swift Transportation's revenue tops forecasts, Intuitive Surgical's revenue misses, and American Express is scheduled to report earnings Friday.  ( 18 min )
    Stocks Retreat and Oil Rises on Mideast Conflict: Markets Wrap
    (Bloomberg) -- Asian stocks broadly fell as volatility gripped global markets from an escalation in tensions in the Middle East, driving oil and gold to further advances. Most Read from BloombergHere’s What 8% Mortgage Rates Will Do to the Housing MarketRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Biden’s Influence Turns Israel's Ground War Plans Into ‘Something Different’Wall Street Hit by Volatility on G  ( 35 min )
    SEC drops all charges against Ripple’s CEO Garlinghouse and co-founder Larsen
    The XRP token rose over 6% on the day after the SEC dismissed the charges against Ripple’s top executives.  ( 33 min )
    Sell TSMC, Buy ASML Gains Traction as China-Taiwan Risks Grow
    (Bloomberg) -- Intensifying Chinese pressure on Taiwan is prompting some equity investors to buck the trend and exit Taiwan Semiconductor Manufacturing Co.Most Read from BloombergHere’s What 8% Mortgage Rates Will Do to the Housing MarketRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Biden’s Influence Turns Israel's Ground War Plans Into ‘Something Different’Israel Latest: US, Saudi Defense Chiefs Discuss Mi  ( 35 min )
    China stocks erase all reopening gains as property woes persist
    (Bloomberg) -- Chinese stocks erased all the gains seen during their massive reopening rally that took off late last year, as persistent concerns about the health of the property sector help drive an unprecedented foreign outflow from the onshore market. Most Read from BloombergHere’s What 8% Mortgage Rates Will Do to the Housing MarketRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearBiden’s Influence Turns Israel's Ground War Plans Into ‘Something Different’Where Doe  ( 34 min )
    Analysis-Relentless climb in Treasury yields may have further to run after surging to 5%
    Some investors believe a bond market selloff that has pushed the benchmark U.S. Treasury yield to 5% may have more room to run, as the Federal Reserve gives little indication of veering from its "higher for longer" mantra. Fed Chair Jerome Powell walked a narrow line in his speech before the New York Economic Club on Thursday, saying the stronger-than-expected economy might warrant tighter financial conditions while also noting emerging risks and a need to move with care. Yields on the benchmark 10-year Treasury, which move inversely to bond prices, rose briefly to 5% late on Thursday, a closely watched level not seen since 2007.  ( 34 min )
    Gold scales 3-month peak as Middle East conflict lifts demand
    Gold prices hit a three-month high on Friday and were set for a second straight weekly gain, with demand bolstered by the Middle East conflict and expectations that the Federal Reserve's rate hikes are nearing an end. Israeli Defence Minister Yoav Gallant told troops gathered at the Gaza border on Thursday that they would soon see the Palestinian enclave "from inside," implying that an expected ground invasion to annihilate Hamas could be nearing. "There is fear that it's (Israel-Hamas war) going to escalate into something of a broader regional crisis, potentially a protracted conflict... So we are seeing investors positioning in safe havens," said Kyle Rodda, financial market analyst at Capital.com.  ( 33 min )
    Americans are about to feel the impact of soaring bond yields, Blackstone president says
    No content preview
    Oil drops after Hamas releases US hostages
    Oil prices are rising amid heightened fears that the Israel-Palestinians crisis may spread in the Middle East and disrupt supply.  ( 34 min )
    Liontown Dives 35% After Bid Collapse, Emergency Fund Raising
    (Bloomberg) -- Liontown Resources Ltd. plunged by the most in more than eight years on Friday as trading resumed after US giant Albemarle Corp. walked away from a proposed takeover, forcing it to find alternative funding for its key lithium project.Most Read from BloombergHere’s What 8% Mortgage Rates Will Do to the Housing MarketRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Biden’s Influence Turns Israel's  ( 34 min )
  • Open

    UAW Reports Progress With GM and Stellantis Talks But Not Ford, Warning of More Walkouts
    United Auto Workers President Shawn Fain reported progress in negotiations with General Motors and Stellantis, but not Ford, as the union continued to press for better offers from the Big Three automakers and warned of more walkouts ahead.  ( 1 min )
    SLB's North American Sales Fall for a Second Straight Quarter, and Shares Drop
    SLB's revenue in North America slumped for a second consecutive quarter, and overall sales missed forecasts.  ( 1 min )
    Regions Financial Shares Sink as Results Miss Estimates, Squeezed by High Interest Rates
    Regions Financial missed estimates for profit, sales, and interest income as high interest rates squeezed the bank's finances.  ( 1 min )
    Toyota Joins EV Makers Adopting Tesla’s Charging Standard
    Toyota has joined its American rivals by adopting the North American Charging Standard (NACS), allowing its vehicles to access Tesla's charging points.  ( 1 min )
    SolarEdge Slashes Its Guidance as Demand in Europe Slows, and Shares Plunge
    SolarEdge shares tumbled after warning that its third quarter results will be well below previous guidance because of a big drop in its European business.  ( 1 min )
    American Express Increases Provisions for Delinquent Customers, and Shares Fall
    American Express shares fell after the credit card provider boosted the money it put aside to cover for customers defaulting on their payments.  ( 1 min )
    Merck and Daiichi Sankyo Strike Cancer Drug Deal Worth Up to $22 Billion
    Merck agreed to pay Daiichi Sankyo $5.5 billion for the rights to jointly develop and commercialize three of its candidate cancer drugs, in a deal that could be worth up to $22 billion depending on the treatments' success.  ( 1 min )
  • Open

    Investors Are Forced To Recalibrate as 10-Year Treasury Yield Flirts with 5%
    After years of equity-friendly low interest rates, the benchmark 10-year U.S. Treasury yield is flirting with the 5% level, complicating investing choices and forcing a market reorientation.  ( 1 min )
    S&P 500 Gains and Losses Today: Solar Power Stocks Sink After SolarEdge Warning
    The S&P 500 dropped 1.3% on Friday, Oct. 20, 2023, with increasing concerns that the now almost two-week conflict between Israel and Hamas might escalate.  ( 1 min )
    Markets Slump at Midday Amid Rising Worries About Fighting in the Middle East
    U.S. equites sank at midday on Friday, Oct. 20, 2023 amid rising concerns that the fighting between Israel and Hamas that's been continuing for almost two weeks could escalate further.  ( 1 min )
    Dow Jones Today: Futures Lower as Gold, Oil Rise Amid Middle East Conflict
    Stock futures were lower in premarket trading as investors moved into safe-haven assets like gold and Treasurys on signs the war between Israel and Hamas could become a wider regional conflict.  ( 1 min )
    5 Things to Know Before Markets Open
    Shares of solar stocks fell after SolarEdge Technologies warned of canceled European orders and Knight-Swift Transportation shares jumped after it reported rising revenue in its less-than-truckload business. Here’s what investors need to know today.  ( 1 min )
  • Open

    UAW Reports Progress With GM and Stellantis Talks But Not Ford, Warning of More Walkouts
    United Auto Workers President Shawn Fain reported progress in negotiations with General Motors and Stellantis, but not Ford, as the union continued to press for better offers from the Big Three automakers and warned of more walkouts ahead.  ( 18 min )
    SECURE 2.0 Act of 2022: Overview, Rules, Limits
    The SECURE 2.0 Act of 2022, part of the Consolidated Appropriations Act (CAA) of 2023, is legislation that contains 92 provisions aimed at strengthening retirement savings in important ways.  ( 26 min )
    Investors Are Forced To Recalibrate as 10-Year Treasury Yield Flirts with 5%
    After years of equity-friendly low interest rates, the benchmark 10-year U.S. Treasury yield is flirting with the 5% level, complicating investing choices and forcing a market reorientation.  ( 19 min )
    Our Medicare Insurance Review and Ranking Methodology
    We reviewed and collected data on nine companies that provide Medicare insurance to help you find the best benefits, like affordable premiums, additional coverage, and more.  ( 23 min )
    SLB's North American Sales Fall for a Second Straight Quarter, and Shares Drop
    SLB's revenue in North America slumped for a second consecutive quarter, and overall sales missed forecasts.  ( 16 min )
    Regions Financial Shares Sink as Results Miss Estimates, Squeezed by High Interest Rates
    Regions Financial missed estimates for profit, sales, and interest income as high interest rates squeezed the bank's finances.  ( 17 min )
    S&P 500 Gains and Losses Today: Solar Power Stocks Sink After SolarEdge Warning
    The S&P 500 dropped 1.3% on Friday, Oct. 20, 2023, with increasing concerns that the now almost two-week conflict between Israel and Hamas might escalate.  ( 16 min )
    Earn 6% on a Checking Account? It's Possible With These High-Yield Options
    High-yield checking accounts offer an exceptionally high interest rate when you meet certain monthly requirements. And some of them are currently paying 6% or more.  ( 22 min )
    Top CD Rates Today: 15 Choices Offer Historic Returns of 5.75% to 6.50%
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union for 8 months and 6.00% from Credit Human on a take-your-pick term of 12-17 months.  ( 19 min )
    Bitcoin Briefly Crosses $30K On ETF Optimism
    The bitcoin price rose above $30,000 on Friday, as optimism continues to grow around the potential approval of a spot ETF product.  ( 18 min )
    China Restricts Exports of Graphite, Key Mineral Used for Making EV Batteries
    China on Friday curbed exports of graphite, a critical mineral used in the production of lithium-ion batteries for electric vehicles (EVs), which could accelerate a shortage of the mineral as EV demand soars worldwide.  ( 19 min )
    Canada Pension Plan (CPP) vs. U.S. Social Security: What's the Difference?
    The Canada Pension Plan (CPP) and U.S. Social Security system provide retirement, survivor, and disability benefits. See how their contributions and benefits compare.  ( 27 min )
    How to Invest in Gold and Silver
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    How Many Car Loans Can You Have?
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    Federal Insurance Contributions Act (FICA): What It Is, Who Pays
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    Michigan Consumer Sentiment Index (MCSI): What it Means, Uses
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    Currency in Circulation: Definition, How It Works, and Example
    Currency in circulation refers to notes, coins, or any other physical forms of money that are used in transactions between buyers and sellers.  ( 20 min )
    BRICS: Acronym for Brazil, Russia, India, China, and South Africa
    BRICS is an acronym for the combined economies of Brazil, Russia, India, China, and South Africa, which some claimed early in this century were poised to dominate the world economy by 2050.  ( 25 min )
    How To File Your Child's First Income Tax Return
    Dependent children who earn more than $13,850 in tax year 2023 must file a personal income tax return. Here are tips for kids who are first-time filers.  ( 30 min )
    Discrete Compounding vs. Continuous Compounding: What's the Difference?
    Learn the difference between discrete and continuous compounding and how they affect investment payoffs.  ( 22 min )
    Who Can Be a Transfer on Death (TOD) Beneficiary?
    Account holders can name almost anyone as a transfer on death (TOD) beneficiary.  ( 21 min )
    AI, Blockchain, and Robotics ETFs Dominate
    ETFs tracking trendy areas of technological innovation are especially popular.  ( 25 min )
    Supply Chain Management (SCM): How It Works & Why It's Important
    Supply chain management (SCM) is the management of the flow of goods and services, including all the processes of turning raw materials into final products.  ( 26 min )
    Business Plan: What It Is, What's Included, and How to Write One
    A business plan is a document that details a company's goals and how it plans to achieve them. Business plans are valuable to both startup and established companies.  ( 27 min )
    Why FTX's Plan To Refund 90% of Recovered Assets Doesn't Add Up To 90% of Customer Losses
    Failed crypto exchange FTX proposed a plan to refund up to 90% of assets recovered to customers, but some creditors say that the actual refund could be smaller than what customers lost.  ( 19 min )
    How Does Apple Card Savings Compare to the Best Savings Account Rates?
    Apple's savings account pays more than what your primary bank is probably paying. But it's still a lot less than you can earn from the best high-yield savings accounts.  ( 18 min )
    Markets Slump at Midday Amid Rising Worries About Fighting in the Middle East
    U.S. equites sank at midday on Friday, Oct. 20, 2023 amid rising concerns that the fighting between Israel and Hamas that's been continuing for almost two weeks could escalate further.  ( 16 min )
    Toyota Joins EV Makers Adopting Tesla’s Charging Standard
    Toyota has joined its American rivals by adopting the North American Charging Standard (NACS), allowing its vehicles to access Tesla's charging points.  ( 17 min )
    Fidelity CD Rates: October 2023
    Certificates of deposit (CDs) can be a great financial tool to get a guaranteed return on your investment. Compare Fidelity CD rates and see if they are right for you.  ( 21 min )
    American Express Increases Provisions for Delinquent Customers, and Shares Fall
    American Express shares fell after the credit card provider boosted the money it put aside to cover for customers defaulting on their payments.  ( 17 min )
    Private Credit vs. Private Equity: Understanding the Differences
    Investing in private credit involves making a loan, while private equity investors acquire stakes in non-public companies. Learn more about these alternative investments.  ( 23 min )
    Queuing Theory Definition, Elements, and Example
    Queuing theory is the mathematical study of the delays of waiting in line, covering all aspects, from arrival time to the number of servers.  ( 24 min )
    What's the Highest Inflation Rate in U.S. History?
    Learn about the periods with the highest inflation in U.S. history, and find out how U.S. Federal Reserve policy measures attempt to control inflation.  ( 23 min )
    SolarEdge Slashes Its Guidance as Demand in Europe Slows, and Shares Plunge
    SolarEdge shares tumbled after warning that its third quarter results will be well below previous guidance because of a big drop in its European business.  ( 17 min )
    Yield To Maturity vs. Coupon Rate: What's the Difference?
    A bond's coupon rate is the interest earned on the bond over its lifetime, while its yield to maturity reflects its changing value in the secondary market.  ( 25 min )
    Mortgage Rates Waver Near Historic Peak
    Rates on 30-year mortgages are after hovering a bit below the historic high they reached Tuesday. Rates on jumbo 30-year loans, however, have jumped to a new peak.  ( 18 min )
    Leveraged ETFs: The Potential for Bigger Gains—and Bigger Losses
    A leveraged exchange-traded fund is a fund that uses financial derivatives and debt to amplify the returns of an underlying index.  ( 25 min )
    What Causes a Recession?
    A recession, or a decline in economic activity lasting several months, is usually caused by events such as a financial crisis or supply chain disruption. Learn more.  ( 29 min )
    Ultra ETF Definition
    Ultra ETFs are a class of exchange-traded funds (ETF) that employ leverage in an effort to amplify the return of a set benchmark.  ( 21 min )
    Merck and Daiichi Sankyo Strike Cancer Drug Deal Worth Up to $22 Billion
    Merck agreed to pay Daiichi Sankyo $5.5 billion for the rights to jointly develop and commercialize three of its candidate cancer drugs, in a deal that could be worth up to $22 billion depending on the treatments' success.  ( 17 min )
    Excise Tax: What It Is and How It Works, With Examples
    An excise tax is an indirect tax charged by the government on the sale of a particular good or service.  ( 27 min )
    Silver Etf: Meaning, Tax Implications, Examples
    A silver exchange-traded fund (ETF) invests primarily in raw silver assets, which are held in a trust by the fund manager or custodian.  ( 21 min )
    Program Evaluation Review Technique (PERT) Chart Explained
    A program evaluation review technique (PERT) chart is a project management tool that graphs a project's timeline according to its individual tasks.  ( 25 min )
    Retail Industry ETF Definition
    A retail industry ETF is an exchange-traded fund that invests in retail companies.  ( 21 min )
    How Tornadoes Impact the Economy
    Natural disasters are undesirable forms of economic stimulus, but economists have found that increased economic activity often follows.  ( 23 min )
    Ad Valorem Tax: Definition and How It's Determined
    An ad valorem tax is a tax derived from an assessed value, such as the value real estate or personal property, with a tax rate applied.  ( 24 min )
    5 Things to Know Before Markets Open
    Shares of solar stocks fell after SolarEdge Technologies warned of canceled European orders and Knight-Swift Transportation shares jumped after it reported rising revenue in its less-than-truckload business. Here’s what investors need to know today.  ( 18 min )
    What Is a Freelancer: Examples, Taxes, Benefits, and Drawbacks
    A freelancer is an individual who earns money on a per-job or per-task basis, usually for short-term work. The IRS considers them to be self-employed for tax purposes.  ( 25 min )
  • Open

    Grote ransomwarebende opgerold, Nederland neemt servers in beslag
    Bij een internationale politieactie is een grote gijzelsoftwarebende ontmanteld. De vermoedelijke leider is opgepakt en het platform is uit de lucht. Vijf servers van de groep zijn in Nederland in beslag genomen en Nederlandse rechercheurs hielpen mee bij het onderzoek.  ( 9 min )
    Cyberaanval op Internationaal Strafhof was voor spionage en ondermijning
    De cyberaanval op het Internationaal Strafhof (ICC) in Den Haag in september had volgens het hof te maken met spionage. De aanval had als doel de werkzaamheden van het ICC te ondermijnen.  ( 8 min )
    Koers bitcoin klimt naar hoogste punt in bijna drie maanden
    De waarde van de bitcoin is vrijdag voor het eerst sinds juli gestegen tot boven de 30.000 dollar (ongeveer 28.300 euro). De stijging van de grootste cryptomunt komt in een week waarin de waarden van digitale valuta flink schommelden.  ( 9 min )
    Gasprijs loopt weer op door vrees voor toename onrust in het Midden-Oosten
    De Europese prijs voor aardgas is weer gestegen door de vrees dat het conflict in het Midden-Oosten groter wordt. Eerder daalde de gasprijs juist nog.  ( 9 min )
    We drinken dit jaar thuis en in de kroeg minder bier door hogere prijzen
    Bierbrouwers hebben dit jaar tot nu toe veel minder bier verkocht dan in dezelfde periode vorig jaar. De brouwers vrezen voor een toename van faillissementen als prijzen verder stijgen en Nederlanders nog vaker het flesje bier laten staan.  ( 10 min )
    Acht miljoen nieuwe auto's op de Europese wegen, elektrische auto meer in trek
    In de eerste negen maanden van dit jaar zijn in Europa bijna 17 procent meer nieuwe auto's op kenteken gezet dan in dezelfde periode vorig jaar. Ondanks die groei is de automarkt nog niet terug op het niveau van voor corona.  ( 10 min )
    China legt export van grondstoffen voor accu's verder aan banden
    China legt bedrijven die grafiet willen exporteren nieuwe beperkingen op. Dat middel wordt gebruikt in accu's voor elektrische auto's en de Chinezen zijn de belangrijkste producent en exporteur hiervan.  ( 9 min )
    Nederlanders gooiden vorig jaar minder afval weg, veel vuilnis op de Wadden
    Nederlanders gooiden in 2022 minder afval weg dan een jaar eerder. Vorig jaar zamelden gemeenten gemiddeld 455 kilo huishoudelijk afval per inwoner in. Dat is 48 kilo minder dan in 2021. Gemeenten haalden in totaal 8 miljard kilo huishoudelijk afval op.  ( 9 min )
    Te veel storingen bij geldautomaten, problemen voorlopig niet opgelost
    Geldautomaten zijn in oktober en november waarschijnlijk nog te vaak defect door een onderdeel dat niet goed leverbaar is. In september was dit ook al het geval, bevestigt Geldmaat na berichtgeving van NOS en de regionale omroepen.  ( 8 min )
    Mensen met minimumloon leven volgens VN-studie steeds vaker in armoede
    Werkende mensen die het minimumloon verdienen, leven steeds vaker in armoede. Dat zegt de Belgische armoede-expert Olivier De Schutter van de Verenigde Naties. Volgens onderzoek van de speciaal rapporteur leeft een op de vijf werknemers wereldwijd nu in armoede.  ( 9 min )
    VN: Mensen met minimumloon leven steeds vaker in armoede
    Werkende mensen die het minimumloon verdienen, leven steeds vaker in armoede. Dat zegt de Belgische armoede-expert Olivier De Schutter van de Verenigde Naties. Volgens onderzoek van de speciaal rapporteur leeft een op de vijf werknemers op de wereld nu in armoede.  ( 9 min )
    NU+ | Zoveel minder betaal je voor een treinreis dan voor een vliegreis
    De internationale trein vanaf Amsterdam is in bijna alle gevallen goedkoper dan het vliegtuig naar dezelfde bestemming. Alleen de Eurostar naar het Verenigd Koninkrijk is duurder dan het vliegtuig, blijkt uit onderzoek van het Kennisinstituut voor Mobiliteitsbeleid.  ( 8 min )
    67-plussers kiezen er steeds vaker voor om te blijven werken
    Het bereiken van de AOW-leeftijd is voor steeds meer ouderen geen reden om te stoppen met werken. Ze vinden werken leuk en het houdt ze jong. In tien jaar tijd is het aantal werkende 67-plussers ruim verdubbeld.  ( 11 min )

  • Open

    Falling stocks, climbing mortgage rates: how 5% Treasury yields could roil markets
    A relentless selloff in U.S. government bonds has brought Treasury yields to their highest level in more than a decade and a half, roiling everything from stocks to the real estate market. The yield on the benchmark 10 year Treasury - which moves inversely to prices - hit 5% late Thursday, a level last seen in 2007. Expectations that the Federal Reserve will keep interest rates elevated and mounting U.S. fiscal concerns are among the fators driving the move.  ( 35 min )
    Tesla Stock Had a Horrible Day. Here’s What Comes Next.
    Shares of the electric-vehicle maker dropped 9.3% after it reported lackluster earnings.  ( 17 min )
    VMware Stock Implies 50% Chance of Completion of Broadcom Deal
    VMware shares fell after a report saying Chinese regulators are likely to delay signing off on the deal.  ( 19 min )
    China sells the most US assets in 4 years, dumping $21 billion of US stock and Treasury bonds
    No content preview
    Top CD Rates Today: National Leaders Pay 6% and Up on 8 to 17 Months
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union for 8 months and 6.00% from Credit Human on a take-your-pick term of 12-17 months.  ( 21 min )
    Solar Stocks Plunge After Warning on Demand in Europe
    SolarEdge Technologies said it encountered "substantial unexpected cancellations and pushouts of existing backlog" from its European distributors.  ( 16 min )
    New Tesla, Nvidia ETFs Offer 200% Leverage
    Rex Shares and Tuttle Capital Management have introduced four funds that push the limits of single-stock ETFs.  ( 34 min )
    Toronto Skyscraper With $1.2 Billion of Debt Has Been Put in Receivership
    (Bloomberg) -- A landmark condominium project in one of Toronto’s ritziest neighborhoods has been put into receivership after construction delays and cost overruns. Most Read from BloombergHere’s What 8% Mortgage Rates Will Do to the Housing MarketWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Ringgit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearBiden’s Influence Turns Israel's Ground War Plans Into ‘Something Different’Israel Latest: US, Saudi Defense Chiefs  ( 32 min )
    Intuitive Surgical Plummets As Robotic Surgery Giant Reports Light Third-Quarter Sales
    No content preview
    Disney reveals ESPN financials for the first time
    The update will help investors set expectations for ESPN's upcoming DTC service as well as any potential divestitures.  ( 34 min )
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    AT&T’s Strong Results Offered Good News for Apple Investors
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    Winklevoss-owned crypto firm hit by lawsuit alleging it defrauded investors of $1 billion
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    Powell sets table for November pause, warns of more rate hikes if economy heats up
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    AI Demand for Nvidia Chips Keeps Rising. New China Restrictions Are Likely Just Noise.
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    Stocks wobble, Treasury yields rise after Powell says Fed will 'carefully' weigh next steps: Stock market news today
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    Powell says inflation still 'too high,' warns of more rate hikes if economy heats up
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    AT&T Beats Earnings Expectations, Lifts Target for Free Cash Flow. Stock Rises.
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    American Airlines posts $545 million loss on higher labor costs in a time of big profits for rivals
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    AT&T Earnings Top Estimates As Wireless Subscriber Adds Beat
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    Rite Aid closing 154 stores in 15 states: Here's the list
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    'Get Off Your Butt' Now To Cash In On Soaring Interest Rates
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    Truist Financial profit drops 31% on lower interest income, higher loan loss provisions
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    AT&T Beats Earnings Expectations, Lifts Target for Free Cash Flow. Stock Rises.
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    AT&T lifts annual free cash flow target, tops subscriber additions estimates
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    Apple Investors Face $340 Billion Hole as Woes Mount
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    Fed Chair Powell delivering key speech today: Here's what to expect
    Federal Reserve Chairman Jerome Powell is delivering a speech on Thursday that will provide clues about where the central bank sees policy headed next.  ( 33 min )
    Surging bond yields are the stock market's biggest problem right now
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    US Treasuries at 5% Are a Buy, Says Morgan Stanley Investment
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    Taiwan Semi Beat on Earnings. Why It’s Good News for Intel, Other Chip Stocks.
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    Nokia Has a Plan to Tackle Tough U.S. Market. It Includes Mass Layoffs.
    Nokia announces plans to cut up to 14,000 jobs as part of a cost-saving initiative after profit tumbled 69% in the third quarter.  ( 16 min )
    Nokia plans to cut up to 14,000 jobs after sales and profits plunge in a weak market
    Telecom gear maker Nokia said Thursday that it is planning to cut up to 14,000 jobs worldwide, or 16% of its workforce, as part of a push to reduce costs following a plunge in third-quarter sales and profit. Nokia’s third-quarter sales plummeted 20%, to 4.98 billion euros from 6.24 billion, compared with the same three-month period last year. “We continue to believe in the mid- to long-term attractiveness of our markets,” Nokia CEO Pekka Lundmark said in a statement.  ( 33 min )
    Tesla Tempers Growth Expectations as Musk Sees Storm Ahead
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    Beijing weighs delaying approval of $69 billion Broadcom-VMware deal- FT
    China's State Administration of Market Regulation has not signed off on the deal and is likely to delay approving the transaction after US President Joe Biden's administration introduced tougher chip controls on Tuesday, the report added, citing people familiar with the matter. VMWare and Broadcom did not immediately respond to Reuters request for comment. China's State Administration of Market Regulation could not immediately be reached for comment.  ( 33 min )
    SAP Shares Surge After Cloud Business Fuels Revenue Growth
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    Nokia to Cut Thousands of Jobs as Net Profit Drops 45%
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    TSMC’s Third-Quarter Net Profit Fell on Weaker Demand for Smartphones, High-Speed Computing
    The world’s largest contract chip maker said third-quarter net profit declined 25% from a year earlier, though it projected stronger revenue in the current quarter.  ( 28 min )
    TSMC Q3 profit falls 24.9%, beats expectations
    Taiwanese chipmaker TSMC posted a 24.9% fall in third-quarter net profit on Thursday as global economic woes hit demand for chips used in applications from cars to cellphones and servers and coming off a high base last year. Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's largest contract chipmaker and a major Apple Inc supplier, saw July-September net profit fall to T$211 billion from T$280.9 billion a year earlier. The profit beat a T$195.5 billion LSEG SmartEstimate, which is weighted toward forecasts from analysts who are more consistently accurate.  ( 32 min )
    UPDATE 3-Nokia to cut up to 14,000 jobs after sales drop a fifth
    Finnish telecom gear group Nokia on Thursday said it will cut up to 14,000 jobs as part of a new cost savings plan after third-quarter sales drop 20% due to slowing sales of 5G equipment in markets such as North America. The company is targeting between 800 million euros ($842 million) and 1.2 billion euros in cost savings by 2026 as it seeks to be on track to deliver its long-term comparable operating margin plan of at least 14% by 2026. The program is expected to lead to a 72,000-77,000 employee organization compared to the 86,000 employees Nokia has today, the company said in a statement.  ( 33 min )
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    Tesla joins GM, Ford in slowing EV factory ramp as demand fears spread
    Tesla on Wednesday joined General Motors and Ford in being cautious about expanding electric vehicle production capacity, citing economic uncertainties and underscoring fears of a slowdown in demand. Tesla CEO Elon Musk said he was worried that higher borrowing costs would prevent potential customers from affording its vehicles despite substantial price cuts, and that he would wait for clarity on the economy before ramping up its planned factory in Mexico. "People hesitate to buy a new car if there's uncertainty in the economy," Musk said on a post-earnings call where he also talked about "paycheck-to-paycheck" pressures on American workers.  ( 34 min )
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  • Open

    Custodian: What It Means in Banking and Finance
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    Higher Prices Helped Union Pacific Beat Earnings Estimates
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    S&P 500 Gains and Losses Today: Tesla Drags Down Tech Stocks as Profit, Sales Miss
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    Genuine Parts Shares Sink After Sales Miss Estimates as US Auto Unit Underperforms
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    Markets Waver at Midday as Fed Chair Powell Says Inflation 'Is Still Too High'
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    Existing Home Sales Fall Below 4 Million for First Time Since October 2010
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    How KakaoTalk Makes Money
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    Google to Manufacture Pixel Smartphones in India, Following Moves by Apple, Samsung
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    TSMC Beats Q3 Profit and Sales Estimates, Expects 'Healthy Growth Year' in 2024
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    Ten Economic Indicators for Canada
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    Multi-Signature Wallets: Definition and Use Cases
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    Mortgage Rates Ease Lower, Falling Below 23-Year High
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    Qualifying for Social Security as a Legal Immigrant
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    Top 10 Largest Law Firms in the World
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    AT&T's Push to Broadband and 5G Drives Earnings Growth Above Expectations
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    Corporate Governance: Definition, Principles, Models & Examples
    Corporate governance involves balancing the interests of a company's many stakeholders, which can include shareholders, senior management, customers, suppliers, lenders, the government, and the community.  ( 27 min )
    Summa Cum Laude: Definition, Meaning, and Requirements
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    How IKEA Makes Money
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    5 Things to Know Before Markets Open
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    The Top Three Benefits of a High-Yield Savings Account
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    Answers to Common Savings Questions
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    Master Limited Partnership vs. Limited Partnership: What's the Difference?
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    What Is Social Security Tax? Definition, Exemptions, and Example
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  • Open

    Higher Prices Helped Union Pacific Beat Earnings Estimates
    Union Pacific's third quarter profit exceeded estimates as the railroad boosted prices.  ( 1 min )
    Genuine Parts Shares Sink After Sales Miss Estimates as US Auto Unit Underperforms
    Revenue at Genuine Parts missed estimates as its U.S. auto parts group underperformed, sending shares plummeting.  ( 1 min )
    Musk Says Tesla Price Cuts Ineffective Due to High Rates; Shares Tumble on Earnings Miss
    Tesla shares tumbled more than 9% in trading Thursday on the electric carmaker's lackluster earnings report for the third quarter. Elon Musk and other executives highlighted economic headwinds and Cybertruck production challenges that have hurt performance.  ( 1 min )
    Google to Manufacture Pixel Smartphones in India, Following Moves by Apple, Samsung
    Google plans to manufacture phones in India, following moves by other smartphone giants Apple and Samsung.  ( 1 min )
  • Open

    S&P 500 Gains and Losses Today: Tesla Drags Down Tech Stocks as Profit, Sales Miss
    The S&P 500 lost 0.85% Thursday, Oct. 19, 2023, as Fed Chair Jerome Powell said the economy likely needs to slow to reduce inflation and that more interest rate hikes are possible.  ( 1 min )
    Mortgage Rates Rise for Sixth Straight Week To A New 23-Year High
    Freddie Mac’s 30-year fixed-rate mortgage hit 7.63%, the sixth straight week that mortgage rates increased to levels not seen since 2000.  ( 1 min )
    Markets Waver at Midday as Fed Chair Powell Says Inflation 'Is Still Too High'
    U.S. equities moved between gains and losses at midday on Thursday, Oct. 19, 2023 amid concerns about whether the Fed would continue to raise interest rates as Fed Chair Powell said inflation remains too high.  ( 1 min )
    Dow Jones Today: Futures Waver and Yields Continue to Climb Ahead of Powell Speech
    Stock futures were slightly lower in premarket trading Thursday as the yields on the benchmark 10-year Treasury approached 5% ahead of a speech by Fed Chair Jerome Powell.  ( 1 min )
    5 Things to Know Before Markets Open
    Tesla shares fell as the electric vehicle maker missed estimates on price cutting that ate into profit margins and investors will look to remarks from Fed Chair Jerome Powell for insight into coming decisions on interest rates. Here’s what investors need to know today.  ( 1 min )
  • Open

    Staat begint rechtszaak tegen Sywert van Liendens bedrijf om mondkapjesdeal
    De Nederlandse Staat begint een rechtszaak tegen het bedrijf Relief Goods Alliance (RGA) van Sywert van Lienden. De civiele procedure draait om de omstreden mondkapjesdeal.  ( 10 min )
    Staat begint rechtszaak tegen bedrijf Sywert van Lienden om mondkapjesdeal
    De Nederlandse staat begint een rechtszaak tegen het bedrijf Relief Goods Alliance (RGA) van Sywert van Lienden. De civiele procedure draait om de omstreden mondkapjesdeal.  ( 10 min )
    NU+ | Lezers over je ziek melden op werk: 'Doe dat tegenwoordig veel sneller'
    Het aantal ziekmeldingen van werknemers steeg in september voor het eerst sinds februari weer. Mensen hebben vaker griep en melden zich ook veel ziek vanwege stress die mogelijk met een herfstdip te maken heeft. Lezers lieten op ons reactieplatform NUjij weten zich hierin te herkennen.  ( 11 min )
    Gokbedrijven verdienen een kwart meer sinds legalisering online casino's
    Gokbedrijven hebben vorig jaar 3,4 miljard euro verdiend na aftrek van uitgekeerde winsten. Dat is 700 miljoen euro of bijna 26 procent meer dan in 2019, het laatste jaar zonder coronabeperkingen. In 2022 vergokten Nederlanders gemiddeld 258 euro per persoon.  ( 9 min )
    Brussel roept TikTok en Meta ter verantwoording voor verspreiding nepnieuws
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    Universal Music bindt de strijd aan met AI-songtekstgenerator Claude
    Universal Music sleept AI-chatbotmaker Anthropic voor de rechter in het Amerikaanse Nashville. Volgens de platenmaatschappij maakt de chatbot nieuwe muziek die te sterk lijkt op nummers van artiesten die bij Universal onder contract staan.  ( 9 min )
    BCC meldt uit vrees voor onrust niet meer welke winkels open zijn
    BCC deelt niet meer mee welke winkels open of dicht zijn. Daarmee wil de failliete elektronicaketen onrustige situaties in de winkels voorkomen. BCC houdt faillissementsuitverkoop en dat trekt koopjesjagers.  ( 8 min )
    Deutsche Bahn verkoopt vervoerder Arriva aan Amerikaanse investeerder
    Vervoersbedrijf Arriva, dat ook in Nederland actief is, krijgt een nieuwe eigenaar. Moederbedrijf Deutsche Bahn heeft besloten het onderdeel te verkopen aan de Amerikaanse investeerder I Squared Capital.  ( 8 min )
    Tesla voelt hete adem van concurrentie in zijn nek en ziet winstgevendheid dalen
    Autofabrikant Tesla maakt minder winst doordat het bedrijf de prijzen voor zijn auto's heeft verlaagd. Met die prijsverlagingen wil de fabrikant de toenemende concurrentie voorblijven  ( 10 min )
    Werkloosheid licht gestegen, vooral veel jongeren zonder baan
    Nederland telde vorige maand 371.000 werklozen. Dat komt neer op 3,7 procent van de beroepsbevolking, wat iets meer is dan een kwartaal eerder. Vooral jongeren hebben relatief vaak geen baan.  ( 9 min )
    Duizenden Telegram-gebruikers adviseren elkaar: betaal belasting en boetes niet
    Duizenden mensen adviseren elkaar in Telegram-groepen om autonoom te leven. Ze erkennen het gezag van de overheid niet en geloven dat ze niet aan financiële verplichtingen hoeven voldoen, zoals het betalen van boetes of bepaalde belastingen.  ( 9 min )
    Netflix trekt meeste abonnees in jaren door maatregelen tegen account delen
    Netflix heeft de afgelopen maanden weer miljoenen nieuwe abonnees weten te trekken. Dat komt vooral doordat de streamingdienst een stokje stak voor het delen van accounts met vrienden en familie. Meer mensen namen daarom een eigen abonnement.  ( 9 min )
    Nokia schrapt tot veertienduizend banen om winst op peil te houden
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    Chemiebedrijf Chemours wordt strafrechtelijk onderzocht vanwege vervuiling
    Het Openbaar Ministerie is een strafrechtelijk onderzoek begonnen naar Chemours in Dordrecht. Daarbij wordt ook gekeken of leidinggevenden van dat chemiebedrijf aansprakelijk zijn te stellen voor vervuiling. Dat meldt het OM.  ( 8 min )
    Griep en herfstdip zorgen ervoor dat we ons weer vaker ziek melden
    Het aantal ziekmeldingen van werknemers is in september voor het eerst sinds februari weer gestegen. Mensen hebben vaker griep en melden zich ook veel ziek vanwege stress die mogelijk met een herfstdip te maken heeft, stellen arbodiensten ArboNed en HumanCapitalCare.  ( 10 min )

  • Open

    Netflix CFO says company has 'long runway of margin growth' as streamer hikes prices
    Netflix said its operating margin has more room to run after the company beat earnings expectations on both the top and bottom lines and reported a surge in subscribers.  ( 35 min )
    Tesla’s Musk Warns of Cybertruck Challenges
    Tesla’s profit tumbled 44% in the third quarter as the impact of steep price cuts continued to take a toll on the electric-car maker’s bottom line.  ( 29 min )
    Wells Fargo Says Industrial Stocks Look Attractive Right Now; Here Are 2 Names to Consider
    It’s two years out from the COVID lockdowns, and some patterns are becoming clear. One that was not anticipated was a surge in reshoring of basic industries. The pandemic era highlighted vulnerabilities in our supply chain, and the government responded with a push to bring manufacturing back onto US shores. That push has included federal subsidies and incentives, but the motive remains simple: to reduce our dependence on foreign suppliers for everyday goods. The incentives have not been evenly a  ( 36 min )
    Tesla Earnings Slide 37%; Cybertruck Coming But Elon Musk Issues This Warning
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    Tesla CEO Musk Tempers Expectations on Cybertruck
    Tesla shares turned negative in after-hours trading after Chief Executive Elon Musk tempered expectations on the company’s new Cybertruck. “It's a great product, but financially, it will take, I don't know, a year to 18 months before it is a significant positive cash flow contributor,” Musk said on  ( 24 min )
    Top CD Rates Today: One 6.50% Leader and a 6% Runner-Up
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union for 8 months and 6.00% from Credit Human on a take-your-pick term of 12-17 months.  ( 21 min )
    Dow Jones Tumbles: Tesla Earnings Dive, Musk Tempers Cybertruck Expectations; Netflix Jumps Late
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    Microsoft Stock Is Setting Up With Earnings Due. What Does An Amazon Deal Mean For Investors?
    No content preview
    Costco CEO Craig Jelinek to Step Down
    COO Ron Vachris will succeed Jelinek starting Jan. 1.  ( 16 min )
    Devon Energy Mulls M&A Options With Marathon, CrownRock
    (Bloomberg) -- Devon Energy Corp., an Oklahoma City-based oil and gas company, is studying major acquisition targets as it seeks to gain scale in US shale, according to people familiar with the matter. Most Read from BloombergBiden Vows Aid for Gaza, Backs Israel Over Hospital BlastHospital Blast Kills Hundreds as Israel, Hamas Trade BlameQQQ Advances in Late Trading as Tesla Rebounds: Markets WrapUPenn Donors Pile Pressure on School as David Magerman Pulls SupportWealthy Travelers Have Found an  ( 34 min )
    Tesla’s Earnings Miss Shows Price Cut Pain Isn’t Over
    The electric-vehicle maker reported adjusted earnings per share of 66 cents. Wall Street was looking for 70 cents.  ( 19 min )
    Tesla's Earnings Are Out—Here Are the Key Numbers
    Tesla's third-quarter results are out, and price cuts hurt the electric-car pioneer's profit. Get the Journal's full story on the results here. Here's what the company reported, versus what analysts expected, accor  ( 23 min )
    The housing market is so unaffordable that buyers need to make nearly $115K to afford the average home, Redfin says—that’s $40k more than average earnings
    Maybe you didn’t know how bad the affordability situation has gotten in the housing market. (It's really bad.)  ( 35 min )
    CD Rates Have Hit New Records. How Much Higher Will They Go?
    CD rates have been on a 20-month climb, setting new records in several terms. With rates already at their highest level in more than 20 years, will they go higher still?  ( 21 min )
    Netflix subscribers surge as company announces price hikes in some regions
    Netflix reported earnings after the bell on Wednesday. Here's what to know.  ( 33 min )
    These 3 EV Startups That Rode Tesla Wave Are Now Penny Stocks
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    Tesla misses margin estimates, sticks to production goal
    The company has since January resorted to steep price cuts and discounts, including reductions of more than 6% across models in the third quarter, to propel sales at a time when overall demand is under pressure. While those efforts drove up sales in the first half of the year, planned factory retooling to prepare for production of new models throttled Tesla's deliveries between July and September. Investors and analysts expect more price cuts as the automaker aims to deliver a record 476,000 vehicles in the fourth quarter to meet its annual target.  ( 33 min )
    Tesla slightly misses estimates on margin, sticks to production goal
    The company has since January resorted to steep price cuts and discounts, including reductions of more than 6% across models in the third quarter, to propel sales at a time when overall demand is under pressure. While those efforts drove up sales in the first half of the year, planned factory retooling to prepare for production of new models throttled Tesla's deliveries between July and September. Investors and analysts expect more price cuts as the automaker aims to deliver a record 476,000 vehicles in the fourth quarter to meet its annual target of 1.8 million vehicles.  ( 33 min )
    Stocks plummet, yields rise after earnings warnings: Stock market news today
    Earnings, as well as Middle East tensions, weighed on markets Wednesday.  ( 44 min )
    Gold is approaching all-time highs but it's 'not the time' to buy, strategist says
    The precious metal has often been considered a safe-haven asset for investors. But Lee Munson, the CIO at Portfolio Wealth Advisors, says the high rate environment makes it unattractive.  ( 34 min )
    FTX misused customer funds, accounting expert who assisted in Enron prosecution testifies
    The Sam Bankman-Fried trial is 11 days in and witnesses continue to take the stand on behalf of the prosecution’s case. The defamed former co-founder of FTX and Alameda is on trial for seven criminal charges related to fraud and money laundering. On Wednesday, Peter Easton, an accounting professor at University of Notre Dame, testified regarding whether or not the FTX collapse was predicated on fraud.  ( 33 min )
    Procter & Gamble Stock Rises; Earnings Climb, Boosted by Higher Prices
    Procter & Gamble said profit rose 15% in its fiscal first quarter after price increases offset lower volumes across three out of its five categories. Higher prices boosted the top line by 7% in the latest period, while sales volume declined 1%. The company's shares rose more than 2% in afternoon tr  ( 25 min )
    Rite Aid Stores Closing After Bankruptcy: See the List
    The drugstore chain has faced issues from failed mergers to hundreds of lawsuits over the opioid crisis.  ( 31 min )
    Analyst Report: United Airlines Holdings Inc
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    Analyst Report: U.S. Bancorp.
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    Popular Treasury Bond ETF Sinks to All-Time Low
    Relentless government bond losses sent a large BlackRock Treasury bond exchange-traded fund to an all-time low price on Wednesday. BlackRock's iShares 10-20 year Treasury Bond ETF (ticker: [TLH](https:/  ( 24 min )
    Market Update: MS, MSFT, USB, UAL
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    If you’re in the 1% or middle class, inflation has actually made you richer, according to a top economist who’s been researching inequality for over 40 years
    Yes, inflation is a tax on incomes, finds NYU’s Edward Nathan Wolff, but it also shrinks debts and can boost asset values, like homes.  ( 35 min )
    Caterpillar, These S&P 500 Construction Stocks Tumble On Peak Demand Fears. This Is The Trigger.
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    Mortgage Rates See Two-Day Spike Into New Record Territory
    Rates on 30-year mortgages have surged another quarter point, pushing the 30-year average well above its recent 23-year high. Rates jumped for almost every loan type.  ( 19 min )
    How Can I Tell If I'm Actually Rich?
    Openly discussing the topic can be uncomfortable. But you've probably wondered who can be considered truly rich and whether you fit that definition (or ever will). According to Schwab's 2022 Modern Wealth Survey, the average American thinks being rich means … Continue reading → The post How Do You Know If You Are Rich? appeared first on SmartAsset Blog.  ( 34 min )
    The Sneaky (But Smart) Place Millionaires Keep Their Money
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    Capital Gains Tax on Real Estate Investment Property Will Set You Back This Much
    Real estate investments can be lucrative assets. However, they can also incur capital gains taxes that weaken your profits. Fortunately, you can implement tactics that reduce capital gains taxes so you can keep more of your money. Although the IRS … Continue reading → The post Capital Gains Tax on Real Estate Investment Property appeared first on SmartAsset Blog.  ( 35 min )
    Warren Buffett's Daughter-In-Law Gave Him Her Financial Statements As A Christmas Gift One Year: 'I Just Wanted To Show Him, Look, We're Doing Good'
    Berkshire Hathaway Inc. Chairman and CEO Warren Buffett is no ordinary gift recipient. Known for his extraordinary success in investing, he has remained one of the world's wealthiest people for years. Shopping for a family member is often challenging, but when that family member is Buffett, the dilemma becomes even more unique: What can you possibly give a billionaire who already has everything? Mary Buffett, who was married to Warren Buffett's son Peter, faced this question during their first C  ( 35 min )
    Buy, Borrow, Die: This is How the Rich Avoid Taxes
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    Spirit AeroSystems Stock Soars on a Big Deal With Boeing. Here’s What’s In It.
    Aerospace supplier Spirit AeroSystems said its key customer, Boeing, has agreed to help it through its production problems.  ( 19 min )
    Harvard Business School Dean Srikant Datar Comes Under Attack From Seven Tenured Profs
    HARVARD BUSINESS SCHOOL Dean Srikant Datar Seven tenured professors at Harvard Business School, remaining anonymous out of fear of retaliation by Dean Srikant Datar, say his handling of the Francesca Gino case has rocked ... The post Harvard Business School Dean Srikant Datar Comes Under Attack From Seven Tenured Profs appeared first on Poets&Quants.  ( 37 min )
    Looking For Passive Income? This Dividend Portfolio Will Pay You Monthly
    In the world of dividend stocks, most companies follow a quarterly distribution schedule. Imagine a scenario where, instead of waiting for a dividend check every three months, you are getting paid every month. It's entirely feasible. A select group of companies pays monthly dividends. Realty Income Corp. (NYSE:O), for instance, has been doing so for decades. Because tenants typically pay rent every month, real estate has been a popular sector for investors looking to earn passive monthly income.  ( 34 min )
    Billionaire Ken Fisher Is Ready for the Bull Market’s Next Leg Up — Here Are 2 Stocks He’s Heavily Invested In
    Ken Fisher has a problem with the Fed, decrying it as ‘idiotic.’ And investors, says the billionaire stock picker, should not pay too much attention to its announcements. “Maybe you’re still worried about what the Fed says,” wonders the Fisher Investments founder. “The September minutes warned of higher rates for longer. But here’s a little secret: The Fed never has a clue what it will do. In May 2022, Fed Chairman Jerome Powell said, ‘a 75 basis point increase is not something that the committe  ( 36 min )
    Tesla Q3 earnings preview: Margins, delivery guidance, Cybertruck status in focus
    Tesla shares have underperformed the market over the past three months. Investors will be hoping the electric-vehicle maker’s Q3 earnings, coming after the bell on Wednesday, could rectify that situation.  ( 34 min )
    Arm initiated, SQM downgraded: Wall Street's top analyst calls
    Arm initiated, SQM downgraded: Wall Street's top analyst calls  ( 35 min )
    Regional Bank Earnings Kick Off: U.S. Bank, Citizens, M&T
    Several big regional banks are out with third-quarter results. The results are a mixed bag so far. They disclosed more stable deposits—a relief after outflows at many banks earlier this year. But some  ( 24 min )
    Spirit Aerosystems Stock Surges on Production Deal With Boeing
    Spirit Aeroystems shares advanced more than 20% Wednesday after the aircraft parts supplier said it had reached a tentative agreement with Boeing that would include some price increases for Spirit. Spir  ( 23 min )
    United, Delta Stocks Fell After Record Earnings. What to Expect From American.
    Airlines’ earnings are shaping up to be historic. United, Delta reported, and American is on tap.  ( 18 min )
    Nvidia stock falls as new US chip rules threaten business in China
    The Biden administration's new restrictions on AI chip distribution to China could hurt Nvidia's business overseas.  ( 34 min )
    Abbott Raises Outlook, Boosted By 'Whopping' Growth Of Diabetes Device
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    Nvidia thought it found a way around U.S. export bans of AI chips to China—now Biden is closing the loophole and investors aren’t happy
    Billionaire founder Jensen Huang can no longer sell two lucrative chips specially designed for the Chinese market, because they might help boost its military capabilities.  ( 34 min )
    Rite Aid is closing more than 150 stores. Here's where they are.
    Rite Aid said it plans to shutter 154 locations across the nation, with many of the stores slated for closure in California and Pennsylvania.  ( 33 min )
    Treasury Auctions Are Usually Boring. Why Today’s Could Shake the Stock Market.
    No content preview  ( 19 min )
    U.S. mortgage application flow plunges to lowest since 1995
    The volume of U.S. mortgage applications plummeted to the lowest in nearly three decades last week as the interest rate on the most popular type of home loan rose for a sixth straight week to the highest since 2000, the latest data to point to no near-term relief for the slumping housing market. The Mortgage Bankers Association's weekly index of mortgage application activity fell 6.9% in the week ended Oct. 13 to 166.9, the lowest since May 1995. Applications for loans to buy a home fell 5.6% to the lowest since February 1995 and applications to refinance an existing mortgage tumbled 9.9% to the lowest since January.  ( 33 min )
    U.S. Bancorp Posts Solid Earnings. Net Interest Income Boosted by Higher Rates.
    Net interest income is being helped by the Federal Reserve's aggressive pace of rate hikes.  ( 14 min )
    Tesla Releases Earnings Today. Here’s What to Watch.
    No content preview  ( 18 min )
    Morgan Stanley's profit drops on Wall Street slowdown
    Investment banking and trading fell at Morgan Stanley, demonstrating the many challenges still roiling Wall Street.  ( 33 min )
    12 Companies (Including Nvidia) Will Double Their Profit, Analysts Say
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    Ally Financial Posts Profit That Beats Estimates
    (Bloomberg) -- Ally Financial Inc. posted third-quarter profit that beat analyst estimates even as consumers struggled to make loan payments.Most Read from BloombergHospital Blast Kills Hundreds as Israel, Hamas Trade BlameBiden Says Israel Probably Wasn’t Behind Gaza Hospital BlastIsrael Latest: Biden to Visit as Oil Climbs After Hospital BlastOil Jumps; Futures Fall as Morgan Stanley Drops: Markets WrapTreasury Yields Climb as Hot Data Fuel Fed Wagers: Markets WrapThe auto lender reported $269  ( 33 min )
    US Bancorp profit beats Wall street estimates on higher interest income
    US Bancorp beat estimates for third-quarter profit on Wednesday, as higher interest income from loans offset a hit from bigger credit-loss provisions. The U.S. Federal Reserve's aggressive monetary tightening over the past year to tame inflation has boosted profits at consumer-facing banks as customers pay a higher rate on their mortgages and credit card debt. Net interest income, which is the difference between what banks earn from lending and pay out on deposits, for the third quarter ended Sept. 30 rose 10.7% to $4.27 billion for USB.  ( 33 min )
    Chip Gear Leader ASML Forecasts Flat Sales In 2024, Shares Fall
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    Oil Jumps as Iran Seeks Israel Embargo; Stocks Dip: Markets Wrap
    (Bloomberg) -- Oil prices rallied more than 3% and stocks fell as Iran intensified its rhetoric against Israel after an explosion at a Gaza hospital that complicated diplomatic efforts to rein in the Middle East conflict.Most Read from BloombergHospital Blast Kills Hundreds as Israel, Hamas Trade BlameIsrael Latest: Biden to Visit as Oil Climbs After Hospital BlastTreasury Yields Climb as Hot Data Fuel Fed Wagers: Markets WrapWill Xi Jinping’s Gamble on Vladimir Putin Pay Off?UPenn Donors Pile P  ( 35 min )
    Analyst Report: Bank of New York Mellon Corp
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    Analyst Report: Lockheed Martin Corp.
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    Analyst Report: Walgreens Boots Alliance Inc
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    Analyst Report: Goldman Sachs Group, Inc.
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    P&G tops earnings and sales estimates after hiking prices
    P&G delivers another better-than-expected quarter.  ( 34 min )
    I Have $1 Million in Savings and a Pension. Should I Delay Social Security and Rely on My 401(k) for 8 Years?
    If you have $1 million in a 401(k) and collect a pension, you may be in a position to delay Social Security until age 70. Doing so can boost your monthly benefit by up to 24%. However, delaying Social Security will mean you’ll have to rely more heavily on your savings for several years and […] The post I Have $1 Million in Savings and a Pension. Should I Delay Social Security and Rely on My 401(k) for 8 Years? appeared first on SmartReads by SmartAsset.  ( 35 min )
    Daily Spotlight: Global Stocks Priced at Discount to U.S. Stocks
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    Technical Assessment: Neutral in the Intermediate-Term
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    Market Digest: BK, GS, LLY, LMT, UNH, WBA
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    Bank of America warned consumers they would be pushed to the ‘point of pain’—and CEO Brian Moynihan says we’ve now reached that point
    Brian Moynihan, the CEO of Bank of America, said although consumers are buying less, some families are beginning to spend more than they're bringing in.  ( 34 min )
    Ask an Advisor: I Have $680K in a 401(k), a Monthly Pension of $1,600 and Another $150K in Cash. Can I Retire at 62?
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    Daily – Vickers Top Insider Picks for 10/18/2023
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    Daily – Vickers Top Buyers & Sellers for 10/18/2023
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    ASML warns of flat 2024 sales as chipmakers slow orders
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    Dow Jones Futures Fall: Market Rally Rangebound, Five Stocks Near Buy Points; Tesla Earnings Due
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    Jeremy Siegel says Treasurys crashed because everyone forgot they're a bad inflation hedge while stocks 'do beautifully'
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  • Open

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  • Open

    S&P 500 Gains and Losses Today: Airline Stocks Fall Amid Canceled Flights, Fuel Costs
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    Markets News
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  • Open

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    Shell sluit groot contract met QatarEnergy voor levering gas aan Nederland
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    Chinese economie is ondanks problemen flink gegroeid in derde kwartaal
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  • Open

    Albemarle Shares Tumble After BofA Downgrade, Anticipating Softness in Lithium Market
    Albemarle shares sank after Bank of America downgraded the stock because of expected softness in the lithium market.  ( 1 min )
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    Amazon Tests New Robotic System Aimed at Speeding Deliveries
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    Morgan Stanley's Profit Falls on Higher Costs and Slow Merger and IPO Activity
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    Higher Prices Drive Procter & Gamble's Better-Than-Expected Earnings
    Procter & Gamble's gross margin continued to improve thanks to higher prices on many goods and production savings.  ( 1 min )

  • Open

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    Tesla To Recall More Than 54,000 Model X Vehicles
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    J&J Beats Profit Estimates on Pharmaceutical, Medtech Sales as COVID-19 Shot Revenue Slows
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    Market Volatility Boosts Goldman Sachs' Trading Revenue, But Profit Shrinks By A Third
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    Apple and Samsung Lost Market Share as Global Smartphone Sales Fell in Q3
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    An exchange traded commodity (ETC) could be colloquially used to refer to a commodity ETF, but an ETC is actually a product name for a specific type of security.  ( 24 min )
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    The Treasury bond market is headed for an unknown destination as it sheds key anchors, Mohamed El-Erian says
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    U.S. Tightens Curbs on AI Chip Exports to China, Widening Rift With Nvidia and Intel
    The new rules, which significantly constrict sales of advanced semiconductors to the Chinese market, came despite intense lobbying by chip companies.  ( 30 min )
    Biden Unveils $7 Billion Jackpot To Build Regional Hydrogen Hubs
    President Biden's $7 billion investment in seven regional hydrogen hubs aims to accelerate clean hydrogen production, reduce carbon emissions, and boost energy security, with the goal of achieving net-zero emissions by 2050.  ( 35 min )
    Top CDs Today: Record Rate of 6.50% Available While It Lasts
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union for 8 months and 6.00% from Credit Human on a take-your-pick term of 12-17 months.  ( 21 min )
    Bank of America, Wells Fargo plan more branch closures
    The two megabanks continue to shrink their branch networks, with BofA planning to close 20 locations and Wells recently shuttering 15. Both banks are also opening new branches in certain markets.  ( 34 min )
    2024 Social Security Tax Limit
    The federal government annually limits how much of your earnings are subject to the Social Security tax.  ( 28 min )
    Lucid Shares Trade at an All-Time Low After the EV Maker's Deliveries Miss Estimates
    Luxury EV carmaker Lucid Group reported deliveries of its Air sedan that fell far short of analysts' estimates.  ( 19 min )
    Pimco Fund Walks Away From 20 Hotels With $240 Million of Debt
    (Bloomberg) -- A joint venture tied to a Pacific Investment Management Co. fund surrendered a portfolio of 20 hotels with a $240 million mortgage. Most Read from BloombergTreasury Yields Climb as Hot Data Fuel Fed Wagers: Markets WrapIsrael Latest: Gaza Officials Say Hospital Strike Kills HundredsPutin Arrives in China to Meet Xi on Rare International TripWill Xi Jinping’s Gamble on Vladimir Putin Pay Off?Israel Latest: Blinken Works on Gaza Aid as Biden Set to VisitThe properties, located in ci  ( 33 min )
    VF Corp. Shares Surge as Activist Investor Calls for New Strategy
    Shares of VF Corp. soared close to 14% Tuesday as activist investor Engaged Capital disclosed plans to try to boost the apparel retailer's value after taking a major stake in the firm.  ( 18 min )
    Stocks close mostly flat after hot retail sales report: Stock market news today
    Retail sales were the latest sign of a strong economy, as a consumer slowdown remained nowhere in sight.  ( 46 min )
    Taxpayers in 13 states can file income taxes with the IRS for free in 2024. Here's how.
    The IRS rolled out new details for how select taxpayers will be able to prepare and file their income taxes online directly with the IRS for free.  ( 34 min )
    Gas prices are falling even with oil nearing $90 a barrel — here's why
    Gasoline prices are on a downward trend as the seasonal benefits of the shift to fall in the US outweigh elevated crude oil prices.  ( 34 min )
    Goldman Sachs Backs Warren Buffett, Says This Stock Is Now a Buy
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    Why There's A Gold Rush at Costco
    There are good reasons shoppers at the warehouse club Costco, known for its inflation-proof $1.50 hot dog and soda deal, have been stocking up on something a bit fancier: 1-ounce bars of gold.  ( 22 min )
    The S&P 500 is in a historic bubble and could crash by 63%, markets guru John Hussman warns
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    Fannie Mae’s CEO says shopping for a house right now is downright Dickensian: A ‘tale of 2 markets’
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    U.S. Bancorp Surges After Fed Eases Firm’s Regulatory Burden
    (Bloomberg) -- U.S. Bancorp surged after the Federal Reserve released it from a commitment to meet requirements for larger banks by the end of next year.Most Read from BloombergStocks Fall, Yields Rise as Hot Data Fuel Fed Bets: Markets WrapPutin Arrives in China to Meet Xi on Rare International TripIsrael Latest: Blinken Works on Gaza Aid as Biden Set to VisitWill Xi Jinping’s Gamble on Vladimir Putin Pay Off?Biden Plans High-Stakes Israel Visit to Keep War From EscalatingRegulators said the re  ( 33 min )
    J&J Stock Dips After Healthcare Giant Posts Earnings
    Johnson & Johnson (JNJ) raised its adjusted earnings outlook for the year after posting higher third-quarter revenue, despite a drop in sales of its Covid-19 vaccine. J&J's shares, down nearly 11% this year, fell more than 1% in afternoon trading. It  ( 23 min )
    Goldman Sachs Stock Is Below Book Value. It’s a Great Time to Buy.
    With the stock price a touch below what Goldman Sachs would be worth in a theoretical liquidation, investors now are effectively paying nothing for the franchise.  ( 23 min )
    Analyst Report: Bank Of America Corp.
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    Market Update: BAC, ERIC
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    Stocks turn positive after strong retail sales data: Stock market news today
    All eyes are on Goldman Sachs and Bank of America earnings for insight into the impact of high interest rates.  ( 43 min )
    VMware Shares Fall on Worries China Could Block Broadcom Deal
    The Biden administration is tightening restrictions on the sale of advanced chips to China, sparking fears of retaliation.  ( 17 min )
    Will Biden AI Chip Curbs On China Derail Broadcom-VMware Deal?
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    Why McDonald's stock has lost a few pounds
    The sell-off in shares of McDonald's has crossed into unsavory territory.  ( 34 min )
    More Americans Think They Can Retire With Less Money by Claiming Social Security Early, But Are They Right?
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    Some (Potential) Bad News: You Could Have to Pay Taxes on Catch-Up Contributions if You Make Over $145K
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    ‘Shark Tank’ star Barbara Corcoran insists now is ‘the very best time’ to buy a house despite interest rates hitting a 23-year high
    The “Shark Tank” star sold her property business for $66 million in 2001.  ( 32 min )
    Almost a Quarter of Americans Bomb This Financial Quiz. Can You Do Better?
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    Do You Make $145K? The IRS Just Delayed New Catch-Up Contribution Rule Until 2026
    The IRS recently announced some welcome news for higher-income workers with 401(k)s and similar retirement plans. The agency delayed implementing a new rule that would have required catch-up contributions made by people earning over $145,000 to be directed into an after-tax Roth account. The rule change was originally set to start in 2024, but will […] The post Good News for People Who Make $145K: IRS Delays New Catch-Up Contribution Rule Until 2026 appeared first on SmartReads by SmartAsset.  ( 33 min )
    Stocks edge lower after retail sales surprise: Stock market news today
    All eyes are on Goldman Sachs and Bank of America earnings for insight into the impact of high interest rates.  ( 42 min )
    10 Most Profitable Companies in the World
    With Apple leading the pack and other tech firms following, these are the 10 most profitable companies in the world by 12-month trailing net income.  ( 24 min )
    Ask an Advisor: ‘Should I Be Moving Stocks to Bonds?' I'm 65 and Have 82% of My 401(k) in Equities
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    Nvidia Stock Tumbles On New U.S. Trade Restrictions With China
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    Worried About Nursing Home Costs? Here Are Your Options
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    How Much Can I Make in Dividends With $100k?
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    Nvidia Stock Tumbles as U.S. Tightens Restrictions on AI Chip Exports to China
    The Biden administration is tightening its restriction on exports of artificial intelligence chips to China.  ( 18 min )
    Wall Street’s biggest bear Mike Wilson is now predicting an end-of-year stock rally is ‘more likely than not’
    Wall Street’s top strategist said much depends on whether current prices can be maintained in the short term.  ( 34 min )
    Lucid’s Output of EVs Drops 29%, Putting Output Target at Risk
    (Bloomberg) -- Lucid Group Inc.’s output of electric vehicles fell 29% on the quarter, raising questions about its ability to meet a full-year production target of more than 10,000 EVs. Most Read from BloombergIsrael Latest: Blinken Works on Gaza Aid as Biden Set to VisitPutin Arrives in China to Meet Xi on Rare International TripYour Guide to Understanding the Roots of the Israel-Hamas WarBiden Plans High-Stakes Israel Visit to Keep War From EscalatingIsrael Latest: Army Says Hamas Officials De  ( 32 min )
    Nvidia, Chip Stocks Drop After U.S. Curbs Exports
    Shares of Nvidia and other semiconductor stocks dropped Tuesday after the U.S. said it would would significantly constrict exports of artificial-intelligence chips, making it harder  ( 23 min )
    VF Stock Jumps on News of Activist Stake
    Shares of VF jumped early Tuesday after the Journal reported that activist investor Engaged Capital has built a big stake in the company, which owns retail brands including The North Face and Vans. The stock was recently up about 9%. It was down 41% this year through Monday's close even after a nea  ( 22 min )
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    Everyone has different strategies they put to work in the stock market, but the goal for all remains the same: to maximize returns. Of course, that applies to the big investing institutions too. The world’s biggest asset manager, BlackRock, boasting ~$9.43 trillion of total assets under management, uses a systematic investing method—an investment strategy that prioritizes the use of data-driven analysis, rigorous testing of investment concepts, and sophisticated computer modeling methods in its  ( 35 min )
    VinFast Plumbs New Lows After CEO Says Company Needs Lots of Capital
    Shares of VinFast are swinging between small gains and losses Tuesday, a day after the once-hot Vietnamese electric-car startup slid 18% and hit new lows. The latest declines came after the company's CEO sa  ( 23 min )
    Engaged Capital Builds Stake in North Face, Vans Owner
    Engaged Capital has built a big stake in VF, owner of retail brands including Vans and The North Face, and plans to push for a slew of changes including steep cost cuts.  ( 27 min )
    Stocks open lower after retail sales surprise: Stock market news today
    All eyes are on Goldman Sachs and Bank of America earnings for insight into the impact of high interest rates.  ( 37 min )
    China's electric vehicle giant BYD sees Q3 net profit as much as doubling
    Chinese electric vehicle giant BYD on Tuesday said it expects third-quarter net profit to as much as double thanks to robust sales and effective cost control. "Despite the increasingly intensified competition in the automobile industry in the third quarter, the company continued to record profit," BYD said in the filing. This was down to the company "leveraging on its improving brand influence, continuously expanding scale advantage and strong industrial chain-wide cost control capability, demonstrating strong resilience", it said.  ( 31 min )
    Thermo Fisher to Buy Sweden’s Olink for a 74% Premium in $3.1 Billion Deal
    Thermo Fisher will acquire proteomics company Olink for $26 per American depositary share in cash.  ( 15 min )
    Dow Jones Futures Drop After Strong Retail Sales; Tesla Stock Falls On Recall
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    Greta Thunberg arrested as she blocks oil bosses outside London hotel - latest updates
    Greta Thunberg has joined climate activists blocking a London hotel where oil executives are holding a meeting.  ( 44 min )
    Bank of America's unrealized losses on securities rose to $131.6 billion
    Bank of America reported unrealized losses of $131.6 billion on securities held until maturity in the third quarter, growing from nearly $106 billion in paper losses in the second quarter. The second-biggest U.S. lender had about $603 billion in held-to-maturity securities, it said in a filing on Tuesday, shrinking from $614 billion in the second quarter. Unrealized losses have come under closer scrutiny by investors since March.  ( 32 min )
    Choice Hotels’ $7.8 Billion Bid for Wyndham Could Shake Up Budget-Hotel Industry
    Choice Hotels International has announced a proposal to acquire Wyndham Hotels & Resorts for $90 a share.  ( 17 min )
    LMT Stock: Lockheed Martin Beats Earnings Forecasts, Defense Contractors In Focus
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    Goldman's profit declines amid costly retreat from consumer banking
    Earnings at the Wall Street giant fell 33%. But there were some signs that dealmaking and trading were beginning to pick up.  ( 33 min )
    UPDATE 2-Tupperware names Laurie Goldman new CEO, adds three to board amid turnaround
    Tupperware Brands on Tuesday named consumer goods industry veteran Laurie Ann Goldman its new CEO, replacing Miguel Fernandez effective immediately, as the storage container maker looks to turn its struggling business around. Goldman has previously held the top job at beauty products firm Avon North America between 2018 and 2019, and served as the CEO of shapewear maker Spanx from 2002 to 2014. "Now is the right time to bring in new leadership, and Laurie Ann is exceptionally well-suited to advance our long-term strategy and accelerate growth," said Susan Cameron, chair of Tupperware's board.  ( 32 min )
    Tucker Carlson’s Media Company Secures Investment Led by New ‘Anti-Woke’ Firm 1789 Capital
    1789 Capital, a firm co-founded by Omeed Malik, invests in a “parallel economy” of conservative-friendly companies.  ( 29 min )
    Weapons maker Lockheed's sales rise amid geopolitical tensions
    Lockheed's weapons, such as the guided multiple launch rocket system and Javelin anti-tank missiles, made in conjunction with defense company RTX, have proven critical to Ukraine's war efforts. However, Lockheed is still hindered by pandemic-related labor and supply chain disruptions in its aeronautics business which makes the advanced fighter jet F-35. "We are still paced by a few key items," Lockheed's Chief Operating Officer Frank St John told Reuters in an interview, such as "processor assemblies, solid rocket motors, castings and forgings", though they have seen progress in this last quarter.  ( 32 min )
    Lockheed Martin Earnings Top Estimates Despite Budget Battle
    Lockheed Martin still expects to grow sales this year despite the budget morass that has left Pentagon spending stuck at prior-year levels and preve  ( 24 min )
    Lockheed Martin Earnings Look Strong as Global Tensions Rise. Updated F-35 Jet on Track.
    Lockheed shares are up about 10% since war broke out between Israel and Hamas.  ( 21 min )
    Goldman profit tops estimates as dealmaking cushions hit from GreenSky, real estate
    The Wall Street giant reported net profit of $2.06 billion, or $5.47 per share, for the three months ended Sept. 30, it said on Tuesday. Shares of the bank dipped 0.4% in premarket trading. Goldman's ill-fated foray into consumer banking proved costly, losing $3 billion over three years.  ( 32 min )
    Bank of America profit rises 10%
    The second-largest US bank got a boost from higher interest income and a strong performance from its Wall Street unit.  ( 33 min )
    Analyst Report: Charles Schwab Corp.
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    Analyst Report: AMGEN Inc.
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    Bank of America profit rises as interest income grows, investment bank shines
    The second-largest U.S. bank on Tuesday posted net income of $7.27 billion, or 91 cents per share, in the three months ended Sept. 30. BofA's investment banking and trading units managed to outperform Wall Street expectations as they reported higher revenue, bucking an industry-wide slump. Meanwhile, lenders have seen their interest income swell as they had more room to charge customers higher rates on loans after the Federal Reserve raised borrowing costs in its fight against inflation.  ( 32 min )
    Daily Spotlight: Sector Leaders & Laggards through 3Q23
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    Technical Assessment: Neutral in the Intermediate-Term
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    Daily – Vickers Top Buyers & Sellers for 10/17/2023
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    Daily – Vickers Top Insider Picks for 10/17/2023
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    J&J lifts profit outlook on strong demand for top-seller Stelara
    Investors are focused on how Johnson & Johnson, now a standalone pharmaceutical and medical devices company, will reach its goal of $57 billion in drug sales by 2025. Excluding its consumer health unit, the company now expects 2023 adjusted profit of $10.07 to $10.13 per share, compared with its previous outlook of $10.00 to $10.10 per share. J&J posted a third-quarter profit of $1.69 per share, compared with $1.62 per share a year earlier.  ( 32 min )
    Pfizer Looks for a Covid Bottom
    The pharma giant has had to slash projections, but investors welcome its plans to cut costs.  ( 27 min )
    Obesity Drugs Are a Potential $100 Billion Opportunity by 2030, Goldman Sachs Analysts Say
    (Bloomberg) -- As the buzz surrounding weight-loss drugs gets ever louder, analysts at Goldman Sachs Group Inc. are predicting a potential $100 billion market opportunity, with Eli Lilly & Co. and Novo Nordisk A/S leading the pack.Most Read from BloombergIsrael Latest: Blinken Works on Gaza Aid as Biden Set to VisitYour Guide to Understanding the Roots of the Israel-Hamas WarPutin Arrives in China to Meet Xi on Rare International TripIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in  ( 33 min )
    Home Insurance Is So High in This Florida Town, Residents Are Leaving
    In West Palm Beach’s historic Flamingo Park neighborhood, those who own their homes outright are dropping their insurance, and some who can’t are selling their homes.  ( 23 min )
    Ericsson Curtails Guidance Amid an Uncertain 2024. The Stock Tumbles and Nokia Falls, Too.
    Ericsson’s decision not to offer any guidance beyond the fourth quarter, citing market uncertainty, is spooking telecom investors.  ( 15 min )
    These Stocks Are Moving the Most Today: J&J, Bank of America, Goldman, Lockheed, Ericsson, NetScout, and More
    Johnson & Johnson, Bank of America, and Goldman Sachs are scheduled to report third-quarter earnings on Tuesday, Ericsson slumps after withdrawing margin guidance, and NetScout reduces its outlook for fiscal 2024.  ( 20 min )
    A Goldman partner reportedly blasted Apple's savings accounts as a mistake: 'We should have never done this f—ing thing'
    Apple touted over $10 billion in user deposits into its savings accounts with Goldman, but some bank insiders reportedly see the venture as a mistake.  ( 32 min )
    Ericsson Drops to Lowest Since 2017 After Disappointing Guidance
    (Bloomberg) -- Ericsson AB shares fell to the lowest in six years after it said market weakness will persist into the fourth quarter and beyond, as the company struggles to counter reduced investment in fifth-generation mobile infrastructure from US and European operators.Most Read from BloombergIsrael Latest: Blinken Works on Gaza Aid as Biden Set to VisitYour Guide to Understanding the Roots of the Israel-Hamas WarPutin Arrives in China to Meet Xi on Rare International TripIsrael Latest: Army  ( 33 min )
    Lonza Warns on 2024 Profitability Hit From Lost Moderna Revenue
    Lonza said its core earnings growth for 2023 will be above its previously indicated range, but cautioned its profits next year will take a hit from lost Moderna revenue.  ( 26 min )
    FTX Plans to Return 90% of Customer Funds, But There's a Catch
    An amended proposal released early Tuesday will be filed by the FTX Debtors by mid-December if approved.  ( 31 min )
    Bond Yields Are Rising Quickly. Why the Fed Is Getting Worried.
    Wall Street is paying attention to something called "term premia," a demand by bond holders for more yield that can put the brakes on the economy.  ( 24 min )
    TSMC third-quarter profit to slide 30%, focus on how much growth to come
    Taiwan Semiconductor Manufacturing Co Ltd is expected to report a 30% slump in third-quarter profit on Thursday but analysts predict robust growth next year as the chip industry emerges from its current downturn. Revenue for the quarter came in at around $17 billion, according to TSMC figures, down 20% from a year earlier and roughly the middle of the company's forecast range. Global demand for semiconductors began to weaken in the second half of last year, but analysts say inventories at smartphone and computer makers are running down and restocking demand is expected to pick up.  ( 33 min )
    Gold declines as Powell's speech moves into spotlight
    Gold prices fell on Tuesday as the U.S. dollar and Treasury yields firmed, ahead of economic data and Federal Reserve Chair Jerome Powell's speech this week, which could steer upcoming interest rate decisions. Spot gold dropped 0.3% to $1,913.90 per ounce by 0326 GMT, and U.S. gold futures fell 0.4% to $1,925.80. U.S. Treasury yields rose to their highest in more than a week, and the dollar also gained, making non-yielding bullion expensive for other currency holders, ahead of U.S. retail sales and industrial production later in the day.  ( 32 min )
    Mortgage originations will surge 19% in 2024 as a recession will force rates down, MBA says
    Housing inventory will remain tight enough for home prices to keep appreciating for the next three years, MBA says.  ( 32 min )
    The Strategic Petroleum Reserve 'would be harder to use,' and the only buffer for oil markets is Middle East production, energy expert says
    The Strategic Petroleum Reserve currently sits at 40-year lows at 351 million barrels, according to the Energy Department.  ( 33 min )
    The odds of a year-end rally in the stock market are dwindling, Morgan Stanley's top equity strategist says
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    S&P 500 Gains and Losses Today: Chipmaker Shares Drop Amid Tightening Export Rules
    The S&P 500 dipped 0.01% on Tuesday, Oct. 17, 2023, as news that retail sales jumped more than expected in September renewed concerns about more Fed rate hikes.  ( 1 min )
    Wyndham Shares Soar as Choice Hotels Proposes $7.8 Billion Acquisition Deal
    Choice Hotels offered stockholders $90 for each Wyndham share owned, with an option to choose cash, stock, or a combination of cash and stock.  ( 1 min )
    Markets Mixed at Midday as Booming Retail Sales Raise Interest Rate Hike Fears
    U.S. equities were mixed at midday on Tuesday, Oct. 17, 2023 following a report showing retail sales jumped well above expectations in September, raising concerns of more Fed interest rate hikes ahead to fight inflation.  ( 1 min )
    Apple and Samsung Lost Market Share as Global Smartphone Sales Fell in Q3
    Global smartphone sales fell to their lowest third-quarter level in a decade, owing to a sluggish recovery in consumer spending, according to Counterpoint Research.  ( 1 min )
    Dow Jones Today: Stock Futures Slip After Bank of America, Goldman Earnings
    Stock futures were slightly lower in premarket trading Tuesday, giving up some of yesterday's gains as Treasury yields crept back up to 16-year highs.  ( 1 min )
    5 Things to Know Before Markets Open
    Bank of America shares rose after reporting better-than-expected earnings on higher interest income and Johnson & Johnson delivered an earnings beat on medical device and pharmaceutical sales. Here’s what investors need to know today.  ( 1 min )
  • Open

    Lucid Shares Trade at an All-Time Low After the EV Maker's Deliveries Miss Estimates
    Luxury EV carmaker Lucid Group reported deliveries of its Air sedan that fell far short of analysts' estimates.  ( 1 min )
    VF Corp. Shares Surge as Activist Investor Calls for New Strategy
    Shares of VF Corp. soared close to 14% Tuesday as activist investor Engaged Capital disclosed plans to try to boost the apparel retailer's value after taking a major stake in the firm.  ( 1 min )
    GM Delays Planned EV Plant Conversion as UAW Strike Continues
    General Motors delayed to late 2025 plans to convert the Orion Assembly plant to electric vehicle production as the United Auto Workers strike continues against it and the other Big Three automakers, Ford and Stellantis.  ( 1 min )
    Tesla To Recall More Than 54,000 Model X Vehicles
    Tesla will recall 54,676 Model X vehicles made between 2021 and 2023, for reported failures to display a warning light for low brake-fluid levels.  ( 1 min )
    J&J Beats Profit Estimates on Pharmaceutical, Medtech Sales as COVID-19 Shot Revenue Slows
    Johnson & Johnson beat profit and sales estimates and boosted its outlook as pharmaceutical and medical device sales gain while demand for COVID-19 vaccines wanes.  ( 1 min )
    Bank of America Posts Better-Than-Expected Profit on High Interest Rates
    Bank of America's earnings and revenue exceeded forecasts, boosted by an increase in interest income because of higher borrowing costs.  ( 1 min )
  • Open

    Acht op de tien bedrijven zeggen duurzamer te werken dan vorig jaar
    Ruim acht op de tien bedrijven zeggen afgelopen jaar maatregelen te hebben genomen om groener te werken. Vooral het terugdringen van het energieverbruik was populair.  ( 8 min )
    Amazon-baas Bezos passeert Arnault en is nu op een-na-rijkste mens ter wereld
    Jeff Bezos, de oprichter en topman van webgigant Amazon, is sinds deze week de op een na rijkste persoon op aarde. De Amerikaan passeerde Bernard Arnault en moet alleen nog Elon Musk voor zich dulden.  ( 9 min )
    Amazon-baas Bezos passeert Arnault en is nu een-na-rijkste mens ter wereld
    Jeff Bezos, de oprichter en topman van webgigant Amazon, is sinds deze week de op een na rijkste persoon op aarde. De Amerikaan passeerde Bernard Arnault en moet alleen nog Elon Musk voor zich dulden.  ( 9 min )
    Drie jaar cel geëist tegen ondernemer die chips en drone aan Russen verkocht
    In een eerste strafzaak over verboden handel met Rusland is dinsdag een celstraf van drie jaar en een geldboete van 350.000 euro geëist door het Openbaar Ministerie. De verdachte ondernemer zou stiekem chips en een drone naar Rusland hebben verhandeld.  ( 10 min )
    Failliet Vacansoleil wordt opgekocht door Franse eigenaar Center Parcs
    Vacansoleil verdwijnt na het faillissement in september in Franse handen. Het online reisbureau maeva neemt Vacansoleil over. Maeva is net als Center Parcs eigendom van de Pierre & Vacances-Center Parcs Group.  ( 9 min )
    Brussel stelt strengere regels in voor overnames van luchtvaartmaatschappijen
    Luchtvaartmaatschappijen die een branchegenoot overnemen, moeten straks aan strengere EU-regels voldoen. Er zijn zorgen over de beperkte concurrentie op sommige routes, zegt Eurocommissaris Didier Reynders in een interview met Financial Times.  ( 9 min )
    Marktaandeel van Samsung op de smartphonemarkt brokkelt verder af
    Apple loopt met zijn marktaandeel op de smartphonemarkt steeds verder in op Samsung, zo blijkt uit cijfers van marktonderzoeker Canalys. Van alle verkochte smartphones is 20 procent een Samsung en 17 procent een iPhone.  ( 8 min )
    NU+ | Review Pixel 8 Pro: AI-machine verandert je kijk op (realistische) fotografie
    In de nieuwe telefoons van Google ligt de nadruk op kunstmatige intelligentie. En dat merk je vooral bij het bewerken van foto's op de Pixel 8 Pro. Nieuwe functies maken het kinderlijk eenvoudig om grenzen tussen echt en nep te vervagen.  ( 10 min )
    Nederland heeft volgens onderzoek weer beste pensioenstelsel ter wereld
    Het pensioenstelsel in Nederland is het beste in de wereld. Daarmee is ons land terug op nummer één, een plek die we vorig jaar moesten afstaan aan IJsland.  ( 9 min )
    Internationale trein is voorlopig nog geen serieuze vervanger van het vliegtuig
    De internationale trein verleidt voorlopig maar een klein deel van de reizigers die nu nog op Schiphol het vliegtuig pakken, concludeert het Kennisinstituut voor Mobiliteitsbeleid (KiM). Ondanks goedkopere tickets biedt de trein nog te weinig voordelen.  ( 11 min )
    LinkedIn zet 668 werknemers op straat in tweede ontslagronde
    LinkedIn heeft opnieuw een ontslagronde aangekondigd. Daarbij verliezen 668 mensen hun baan, oftewel 3 procent van het personeelsbestand van het zakelijke sociale netwerk.  ( 8 min )
    EU komt in oliestaat met afgezwakte oproep tot einde fossiele energie
    Een mondiaal statement over het afbouwen van fossiele brandstoffen. Vooraf werd gedacht dat de EU daar bij de komende klimaattop in Dubai sterk op wilde inzetten. Maar dan moeten de lidstaten eerst elkaar overtuigen. Dat lukte maandag niet goed.  ( 13 min )
    Rijk zoekt meer regio's voor grootschalige woningbouw buiten de Randstad
    Het Rijk is op zoek naar plekken waar na 2030 op grote schaal gebouwd kan worden. Op de lange termijn zijn er meer woningen nodig voor de groeiende bevolking. Demissionair minister Hugo de Jonge (Wonen) kijkt daarvoor naar regio's buiten de Randstad.  ( 9 min )
    Israëlische sjekel daalt naar laagste punt in acht jaar
    De koers van de Israëlische munt zakt steeds verder naarmate het conflict met Hamas voortduurt. Voor 1 dollar moet nu ruim 4 sjekel worden neergeteld. Het is voor het eerst in acht jaar dat de koers van de munt zo laag staat.  ( 9 min )
    EU doet in oliestaat Dubai afgezwakte oproep tot einde fossiele energie
    Een mondiaal statement over het afbouwen van fossiele brandstoffen. Vooraf werd gedacht dat de EU daar bij de komende klimaattop in Dubai sterk op wilde inzetten. Maar dan moeten de lidstaten eerst elkaar overtuigen. Dat lukte maandag niet goed.  ( 13 min )
    Vrees voor duurdere stroom door hogere kosten windparken op zee
    De kosten om windenergie van zee naar land te krijgen, vallen de komende decennia veel hoger uit dan verwacht. Gevreesd wordt dat huishoudens daardoor meer moeten betalen om stroom geleverd te krijgen. Dat meldt demissionair minister Rob Jetten van Klimaat en Energie.  ( 9 min )

  • Open

    It Pays to Be a Producer of Clean Hydrogen — and These Stocks Are Leading the Charge
    We’re in the midst of a major economic transition, one that may eventually match the changes of the Industrial Revolution. The change, of course, is the advent of the green economy, and the switch from fossil fuel energy sources to renewable energy. While wind and solar power are soaking up the headlines, a more plausible long-term green power source is already near at hand: hydrogen. Hydrogen is the most abundant of all the chemical elements, and also the simplest by molecular structure. It is  ( 35 min )
    Country Garden's entire offshore debt to be in default if Tuesday payment not made
    Country Garden's entire offshore debt will be deemed to be in default if China's largest property developer fails to make a $15 million coupon payment on Tuesday, the end of a 30-day grace period.Non-payment of this tranche is set to trigger cross defaults in other bonds as is standard in bond contracts. Lack of payment - which is expected after Country Garden last week warned about its inability to meet offshore debt obligations - would make the firm the latest in scores of Chinese developers who have defaulted. Country Garden has also missed other offshore payments in the past few weeks though those payments still have not seen their 30-day grace periods lapse.  ( 32 min )
    Is This The End Of Naked Short Selling?
    American investors have been taken for a trillion-dollar ride by naked short sellers, in what could turn out to be the biggest financial regulatory scandal in North American history  ( 51 min )
    "They're Repossessing the Jeep and I Need a Cartier Bracelet": What I Wish I Knew About My Finances *Before* My Husband Died
    How to take over the family finances after a tragedy? How about not like this: I got a call maybe a month or three after my 55-year-old husband died from cancer, leaving our 12-year-old son and me stunned that this big personality had finally, in my husband’s words, “rolled over and called it a life.” I was picking up my elderly parents from the airport when I got an urgent call from the new manny (a male caretaker would be good for the kid, I was advised) saying, “Um, there’s a man here to take  ( 52 min )
    Rite Aid Rushes Sale of Unit Over Objection of Mystery Suitor
    (Bloomberg) -- US pharmacy chain Rite Aid Corp. is moving quickly to sell its assets in bankruptcy, over the objection of at least one potential bidder, because the company faces looming financial deadlines, a company lawyer said during the chain’s first day under court supervision.Most Read from BloombergIsrael Latest: Biden to Visit; Strikes on Hezbollah TargetsYour Guide to Understanding the Roots of the Israel-Hamas WarIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee  ( 33 min )
    Analysts Just Upgraded These Three Healthcare REITs
    A handful of healthcare REITs have been on the upswing, as recent improvements in occupancy rates and their ability to restructure leases with facility operators have buoyed the share prices of several companies in the subsector. Analysts are taking note of the improvements. Take a look at three healthcare REITs that have received analyst upgrades this week. Sabra Health Care REIT Inc. (NASDAQ:SBRA) is an Irvine, California-based healthcare REIT that has 426 U.S. properties in its investment por  ( 34 min )
    Intuitive Surgical Stock Rating Climbs As Sales, Profits Rise
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    CEOs are secretly plotting against hybrid work and pushing for a 5-day office return by 2026
    Roughly 64% of CEOs believe there will be a full return to office by 2026, according to a survey of more than 1,300 CEOs from KPMG.  ( 32 min )
    Automakers blast US plan to hike fuel efficiency rules
    A group representing General Motors, Toyota Motor, Volkswagen and nearly all other major automakers, sharply criticized the Biden administration proposal to drastically hike fuel efficiency requirements. The Alliance for Automotive Innovation said the National Highway Traffic Safety Administration Corporate Average Fuel Economy proposal is unreasonable and want significant revisions, arguing the plan will boost average vehicle prices by $3,000 by 2032 because of penalties automakers will face for not being in compliance.  ( 30 min )
    Top CD Rates Today: Leaders Are Paying 5.75% to 6.50%
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union for 8 months and 6.00% from Credit Human on a take-your-pick term of 12-17 months.  ( 21 min )
    Wells Fargo, JPMorgan Sell $13 Billion of Bonds Post-Earnings
    (Bloomberg) -- Wells Fargo & Co. and JPMorgan Chase & Co. are leading the biggest Wall Street banks in tapping the US investment-grade market after reporting third-quarter earnings.Most Read from BloombergYour Guide to Understanding the Roots of the Israel-Hamas WarIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthIsrael Latest: Minister Tells Blinken to Brace for ‘Long War’US Pushes to Contain Israel-Hamas War, Warns Iran About EscalationStocks Rise Amid Efforts to S  ( 34 min )
    A banker was fired after trying to expense 2 sandwiches, 2 pastas, and 2 coffees, and saying he ate everything himself — before later admitting he shared them with his partner
    Among the items claimed were two pasta dishes — one with pesto and one with Bolognese — on the same restaurant bill.  ( 32 min )
    Snap Buoyed by Report of CEO’s Bullish Note to Staff
    Snap stock rallied 12% on Monday in response to an upbeat note from CEO Evan Spiegel to the social media company’s staff about the financial outlook for 2024.  ( 16 min )
    Bank of America’s Balance Sheet Will Be All the Talk After Earnings Come Out
    Bank of America expects slightly higher profits and a 2% gain in net interest income.  ( 18 min )
    Ford chair bashes UAW for ongoing strike. Says Ford is not the enemy..
    "We need to come together to bring an end to this acrimonious round of talks," the great grandson of Henry Ford said.  ( 34 min )
    The Great Reset of Property Prices Is Underway. Brace for More Carnage.
    No content preview  ( 28 min )
    Snap Stock Rallies on Report of CEO’s Bullish Note to Staff
    Snap stock rallied 12% on Monday in response to an upbeat note from CEO Evan Spiegel to the social media company’s staff about the financial outlook for 2024.  ( 16 min )
    The housing market is about to have its slowest year since the real estate bubble burst in 2008, according to National Association of Realtors
    Mortgage rate lock-in effect is making homeowners hold on for longer: “You can’t buy what’s not for sale,” one pro says.  ( 33 min )
    Johnson & Johnson’s Earnings Are Coming. They’ll Be the First Since the Kenvue Spinoff.
    Wall Street analysts expect Johnson & Johnson to report earnings of $2.52 per share for the third quarter and sales of $21 billion, according to FactSet.  ( 17 min )
    Paulson Suit Says Ex-Business Partner Spent Millions on Lavish Lifestyle
    (Bloomberg) -- John Paulson sued his former Puerto Rico business partner, accusing him and several members of his family of siphoning millions of dollars from the hedge fund billionaire to finance a luxury lifestyle.Most Read from BloombergIsrael Latest: Blinken Works on Gaza Aid as Biden Set to VisitYour Guide to Understanding the Roots of the Israel-Hamas WarPutin Arrives in China to Meet Xi on Rare International TripIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee Sout  ( 33 min )
    Bank of America’s Balance Sheet Will Be All the Talk After Earnings Come Out
    Bank of America expects slightly higher profits and a2% gain in net interest income.  ( 18 min )
    Dow Jones Rallies As Yellen Makes Pledge; Cathie Wood Sells These Stocks As Tech Earnings Loom
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    It is 'nearly unavoidable' that AI will cause a financial crash within a decade, SEC head says
    Garry Gensler told the Financial Times that AI could cause a financial crash as soon as the late 2020s or early 2030s.  ( 32 min )
    Palantir Forges Cup Base Ahead Of Third-Quarter Earnings
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    Favor bonds over stocks – with 10-year Treasurys set to shake off the market meltdown and deliver double-digit returns, UBS says
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    Real Estate Brokers Pocketing Up to 6% in Fees Draw Antitrust Scrutiny
    (Bloomberg) -- The lucrative broker commission system at the heart of the US residential housing market is facing unprecedented antitrust scrutiny from the Justice Department and two private class-action lawsuits that risk weakening the National Association of Realtors, the industry’s powerful lobbying group.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthIsrael Latest: Minister Warns of Long War as Biden Weighs VisitUS Pushes to Contain Isra  ( 35 min )
    Yuengling Wants in on Bud Light Fallout
    Only its "fair share."  ( 33 min )
    Gasoline Margins Dip Into Negative in US With Fuel Weakness Mounting
    (Bloomberg) -- Gasoline is so weak in the US that some refiners are losing money making it. Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationIsrael Latest: Biden Weighs Trip, Shekel Drops Past 4 Per DollarXi’s $1 Trillion ‘Project of the Century’ Gets a Reality CheckStocks Rise Amid Efforts to Stifle Israel Conflict: Markets WrapWhile benchmark futures reflect gasoline margins t  ( 33 min )
    Analyst Report: PNC Financial Services Group
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    Analyst Report: Citigroup Inc
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    Schwab Stock Rises Despite Profit Drop
    Shares of Charles Schwab rose about 5%, making them the best performers in the S&P 500, after the brokerage giant said bank deposit outflows were slowing. The bank had about $284 billion in deposits at the end of the third quarter, down 7% from the previous quarter. Compared with a year earlier, S  ( 23 min )
    Market Update: C, PNC
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    Ford Executive Chairman Calls for End to UAW Strike
    Bill Ford, the great-grandson of company founder Henry Ford, said the strike and escalating contract battle with the union are threatening the industry’s future.  ( 29 min )
    Banker who got into double trouble for claiming 2 meals on expenses loses UK lawsuit over firing
    A financial analyst who was fired by Citibank after claiming a two-sandwich lunch on expenses has lost a legal battle for wrongful dismissal. A British judge has ruled that the bank was entitled to sack Szabolcs Fekete for gross misconduct because he lied when he claimed to have consumed two sandwiches, two coffees and two pasta dishes during a work trip, when he had really shared them with his partner. When the company queried his expenses for a July 2022 business trip to Amsterdam, Fekete emailed: “I was on the business trip by myself and that I had 2 coffees as they were very small.”  ( 32 min )
    The Hen House Millionaire: How Kathy Vegh Hughes Built A Thriving Boutique Chicken Coop Business From The Ground Up
    Kathy Vegh Hughes is the "head hen" and founder of Cutest Coops, an Ohio-based company that offers functional yet aesthetically pleasing chicken coops. Vegh Hughes is a first-generation American who recounts how her father came from Budapest, Hungary, with a change of clothes and a ping-pong paddle but was able to develop multiple business ventures. He built companies including a ping-pong center, a pool hall and a related products retail store that eventually turned into five locations. She was  ( 33 min )
    ‘This is all bad news’: ‘Shark Tank’ mogul Kevin O’Leary looks at the commercial real estate landscape and despairs, warning of ‘chaos’ to come
    Not only does O'Leary see a "correction" coming for the office sector, but in New York it may be better "to actually tear these buildings down and rebuild.”  ( 33 min )
    Micron Stock Can Rise 22% as Chip Prices Surge, Says Analyst
    No content preview  ( 15 min )
    30-Year Mortgage Rates Down More Than a Quarter Point From a Week Ago
    Rates on 30-year mortgages edged lower Friday, ending the week more than a quarter point lower than the week before. Rates for most other loans types were mostly steady.  ( 20 min )
    Expectations 'Quite Low' For Tesla's Third Quarter With All Eyes On Upcoming Cybertruck
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    Chairman Bill Ford Says the Company Isn’t the Enemy. This Is Who Is.
    Henry Ford's great-grandson Bill Ford had a very different message for the union than what members have been hearing from UAW President Shawn Fain.  ( 23 min )
    LinkedIn lays off 668 employees in second cut this year
    Microsoft-owned LinkedIn laid off more than 500 employees, including engineers, on Monday in its second round of job cuts this year as the social media network grapples with a slowdown in hiring, a person familiar with the matter said. The cuts, which affect 2.5% of the 20,000-strong staff, add to the tens of thousands of job losses this year in the technology sector amid an uncertain economic outlook. (Additional reporting by Yuvraj Malik and Aditya Soni in Bengaluru; Editing by Arun Koyyur)  ( 31 min )
    Stocks rally to kick off big earnings week: Stock market news today
    Efforts to stop the Israel-Hamas clash from becoming a full-blown conflict have taken center stage as investors wait for earnings to roll in.  ( 38 min )
    Does a Beneficiary Designation Overrule a Will?
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    How The Rich (Legally) Avoid Paying Savings Account Taxes
    If you keep money in a regular savings account you will generally owe federal income taxes on the interest that is earned. You'll pay taxes at your regular rate the year interest is earned, whether or not you withdraw from … Continue reading → The post How to Avoid Tax on a Savings Account appeared first on SmartAsset Blog.  ( 34 min )
    Charles Schwab Rallies On Mixed Q3, Offers Ameritrade Client Update
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    Moderna Sticks With Its Forecast Covid-19 Vaccine Sales
    Moderna is sticking by its forecast range for 2023 Covid-19 vaccine sales, after rival [Pfizer cut the sales outlook for its own shot](https://www.wsj.com/livecoverage/stock-market-today-dow-jones-10-16-2023/card/pfizer-stock-falls-on-guidance-cut-other-covid-19-vaccine-makers-also-drop-SA1rMYsazC5f  ( 25 min )
    LIVE: Former Top FTX Executive Testifies He Knew $8B of Customer Money Was Missing
    Nishad Singh is the latest member of Sam Bankman-Fried’s inner circle to take the stand after pleading guilty.  ( 34 min )
    Lululemon stock surges to highest level since 2021 on plans to join S&P 500
    Lululemon will replace Activision Blizzard in the S&P.  ( 33 min )
    Moderna, BioNTech Lead Covid Sell-Off After Pfizer Slashes Its Outlook By $9 Billion
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    ‘Lithium Batteries Are the New Oil,’ According to Elon Musk — Here Are 2 Stocks Under $10 to Take Advantage
    The automotive industry is shifting, under a combination of impulses, from internal combustion engines to electrically powered vehicles. There has been much commentary on this shift, on its efficacy and practicality, but we’ll focus here on a factor that most people probably don’t think about: lithium. Lithium-ion batteries are the beating heart of electric vehicles (EVs); Elon Musk has said that ‘lithium batteries are the new oil.’ Musk has been right too often for us to ignore him – and on top  ( 36 min )
    Microsoft Is Analyst’s ‘Highest Conviction Stock.’ Businesses Seem Interested in Copilot.
    No content preview  ( 16 min )
    Rite Aid files for bankruptcy, set to close more stores
    Rite Aid filed for Chapter 11 bankruptcy on Sunday in an effort to write down debt amid shrinking sales and a lawsuit related to the opioid crisis.  ( 33 min )
    Dow Jones Rises As Netflix, Tesla Earnings Loom; Apple Falls On iPhone 15 News
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    CVS Stock Rises After Rite Aid’s Bankrupty News—and One Other Reason
    CVS stock may also be getting a boost from UnitedHealth earnings last Friday.  ( 14 min )
    Bitcoin Jumps. Traders Anticipate a Crypto ETF Approval.
    Bitcoin and other cryptocurrencies surged Monday on the rising possibility that the Securities and Exchange Commission soon will approve the first spot Bitcoin ETF.  ( 19 min )
    Novo Nordisk Buys Hypertension Drug in $1.3 Billion Deal
    Novo Nordisk agreed to buy hypertension drug ocedurenone from KBP Biosciences for up to $1.3 billion.  ( 18 min )
    Stocks rise amid Middle East tensions: Stock market news today
    Efforts to stop the Israel-Hamas clash from becoming a full-blown conflict have taken center stage as investors wait for earnings to roll in.  ( 35 min )
    Pfizer Cut Guidance. Wall Street Sizes Up the Post-Covid Landscape.
    Pfizer will take a big charge for its unused Covid-19 treatments. The U.S. will return treatments of the company’s Paxlovid drug as coronavirus vaccination rates fall.  ( 19 min )
    Rite Aid Stock Falls After Filing for Bankruptcy. It’s Closing More Stores and Bringing on a New CEO.
    Rite Aid filed for bankruptcy, said it will close more of its stores, and named Jeffrey Stein its new CEO as part of a restructuring.  ( 18 min )
    How Carl Icahn's Huge Bet Against Malls Came Unstuck
    Four years ago, legendary Wall Street investor Carl Icahn made a huge bet against the future of the U.S. shopping mall in what was called the Big Short 2.0. His wager pitted him against hu  ( 24 min )
    Climbing Mortgage Rates Are Keeping Home Buyers Away. Brace for Another Hit.
    Existing-home sales data for September, set for release this week, is expected to show that sales slumped to the lowest level in more than a decade as mortgage rates rose.  ( 22 min )
    Pfizer trims expectations for 2023 with sales of COVID-19 vaccine, treatment, weaker than thought
    Shares of Pfizer are in retreat on the first day of trading after the drug company said sales of its COVID-19 vaccine and its coronavirus treatment are in less than expected and cut revenue expectations for the year by $9 billion. Falling sales of both clipped sales in the second quarter, but Pfizer said in August that it expected a rebound in the second half of 2023. Shares of Pfizer slid nearly 3% before the opening bell Monday and Moderna, which makes a competing vaccine, slid as well.  ( 33 min )
    Schwab’s Net Interest Revenue Falls 24% From Client Cash Moves
    (Bloomberg) -- Charles Schwab Corp. reported Monday that its net interest revenue sank 24% to $2.2 billion from the year prior as clients moved cash into higher-yielding products.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationUS to Tighten Curbs on China’s Access to Advanced Chip TechRite Aid Files for Bankruptcy as Debt Load, Opioid Risk RiseIsrael Latest: Biden, Scholz Make  ( 33 min )
    Tesla Stock: The Best Case Might Be Going Nowhere
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    The 10 Most Shorted Stocks Include 3 Tesla Rivals, But Not TSLA
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    First Mover Americas: Bitcoin Spot ETFs Inch Closer to Reality in U.S.
    The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 16, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.  ( 33 min )
    Behind the scenes of week 2 of Sam Bankman-Fried’s trial
    Caroline Ellison testified about bribery, FTT, Thai prostitutes, and her surprisingly small equity package.  ( 34 min )
    CVS Health CFO Shawn Guertin Takes Leave Due to Family-Health Issue
    Tom Cowhey, senior vice president of corporate finance, has stepped in as interim finance chief.  ( 26 min )
    5 Things to Know Before Markets Open
    The White House is looking to further tighten restrictions on China’s access to artificial intelligence chips and drugstore chain Rite Aid files for Chapter 11 bankruptcy. Here’s what investors need to know today.  ( 19 min )
    Manchester United slides as Ratcliffe's stake bid report dents buyout hopes
    Ineos Chair Jim Ratcliffe would pay over $1.5 billion for the stake in Manchester United if his bid for the soccer club is accepted by the Glazer family that controls it, Reuters reported on Sunday, citing a person familiar with the matter. Ratcliffe's bid puts the club valuation close to $6.5 billion, excluding net debt of more than $600 million, the report said, topping a rival offer from Qatar's Jassim for 100% of the Premier League club.  ( 32 min )
    Analyst Report: Blackrock Inc.
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    Analyst Report: Wells Fargo & Co.
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    Analyst Report: Exxon Mobil Corp.
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    Analyst Report: Alphabet Inc
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    Pfizer Stock Falls on Guidance Cut, Other Covid-19 Vaccine Makers Also Drop
    Stocks of Pfizer and rival Covid-19 vaccine makers fell in premarket trading after the drugmaker sliced its sales guidance. Pfizer said late Friday it was cutting its 2023 revenue guidance range by $9 bill  ( 23 min )
    UAW strike could upend GM, Ford financial strategies
    General Motors and Ford have laid out ambitious plans to spend billions developing new electric vehicles while returning capital to investors, all funded by robust profits from combustion trucks and SUVs. The mounting costs of the United Auto Workers strikes, and the eventual rich contract settlements, are putting those plans at risk, analysts said. GM will report third-quarter results Oct. 24, with Ford following on Oct. 26.  ( 33 min )
    Schwab Reveals Its Plan For Thinkorswim — What It Means For You
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    Daily Spotlight: Bull or Bear?
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    Technical Assessment: Neutral in the Intermediate-Term
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    Market Digest: GOOGL, WFC, XOM, BLK
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    I'm 62 Years Old, Have $1 Million in Cash, $750k in an IRA and Social Security. Should I Retire Now?
    With retirement nearly within your grasp, a few years more of working may seem daunting. But before you make any final decisions, you must make sure you can retire securely. Here, we have a profile with about $1.75 million in savings on top of Social Security. Can you retire now? It depends on factors specific […] The post I’m 62 Years Old, Have $1 Million in Cash, $750k in an IRA and Social Security. Should I Retire Now? appeared first on SmartReads by SmartAsset.  ( 33 min )
    These Are The Best Robinhood Stocks To Buy Or Watch Now
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    Warren Buffett’s deputy says a million people want to be as successful as his boss—but the vast majority fall short because they get complacent
    Todd Combs, investment officer at Buffett’s Berkshire Hathaway, also shared advice for those starting out in their careers.  ( 34 min )
    What Defense Stocks Say About a More Violent World
    The bloody attack on Israel and inevitable retaliation have turned defense stocks into a gauge of the geopolitical risks perceived by financial markets. For now, it is flashing amber rather than red.  ( 28 min )
    Why you should carefully consider what Jamie Dimon just told the investing world
    It's good practice as an investor to listen to really smart people.  ( 34 min )
    Daily – Vickers Top Buyers & Sellers for 10/16/2023
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    Daily – Vickers Top Insider Picks for 10/16/2023
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    Nvidia Stock Drops. AI Chip Exports to China Are Under Threat: Report
    Nvidia stock was falling early Monday following a report the chip maker could face further restrictions on exports of its artificial-intelligence chips to China.  ( 16 min )
    If the Economy Is So Strong, Why Are Consumer Stocks Tanking?
    Over two dozen stocks in the consumer sectors of the S&P 500 set new 52-week lows in October.  ( 28 min )
    Rite Aid Files for Bankruptcy. It’s All About Opioid Lawsuits.
    Drugstore chain Rite Aid filed for bankruptcy late Sunday, said it will close more of its stores and named a new CEO as part of a restructuring.  ( 17 min )
    A Bitcoin ETF is coming to the US. Here’s what to expect when that happens
    A spot Bitcoin ETF will allow BTC be easily tradeable without the headaches and pitfalls of self-custody. Its arrival — likely just around the corner — will mark the moment crypto goes mainstream.  ( 33 min )
    Shell Hits Record High on Rising Energy Prices, Strong Oil Focus
    (Bloomberg) -- Shell Plc shares hit a record high as rising energy prices and the new CEO’s stronger focus on the core oil and gas business attracted investors.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationUS to Tighten Curbs on China’s Access to Advanced Chip TechIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsGlobal Markets Stable as US Pushes to Contain Middle Ea  ( 32 min )
    These Stocks Are Moving the Most Today: Pfizer, Moderna, News Corp, Rite Aid, Charles Schwab, Tesla, and More
    Pfizer slashes revenue expectations, a report says an activist has built a stake in News Corp, and Rite Aid files for bankruptcy.  ( 19 min )
    BioNTech will likely take 900 million eur write-off on Pfizer-partnered vaccines
    Germany's BioNTech on Monday said it would likely take write-downs of up to 900 million euros ($947 million) in the third quarter after its partner Pfizer reported similar charges on their COVID-19 vaccine business last week. Pfizer on Friday said it will take $900 million of inventory write-offs and other charges for the jointly developed vaccine, branded as Comirnaty, on top of much larger write-offs on Pfizer's own COVID treatment Paxlovid. BioNTech will likely "recognize the effect of Pfizer's inventory write-offs and other charges related to Comirnaty in the third quarter of 2023 up to 0.9 billion euros, which represents BioNTech's half of the gross profit-sharing agreement with Pfizer", it said in a statement.  ( 32 min )
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    Bitcoin Jumps to Near $28K as Bulls Bet on ETF Approval
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    Stock market today: World shares mostly fall, oil prices mixed as investors brace for Gaza invasion
    World shares fell and oil prices were mixed as investors braced Monday for an expected invasion by Israel in the Gaza Strip. Israeli forces, supported by a growing deployment of U.S. warships in the region and the call-up of some 360,000 reservists, have positioned themselves along Gaza’s border and drilled for what Israel said would be a broad campaign to dismantle the militant group Hamas. “The world now holds its breath as Israel prepares for a full-scale ground invasion of Gaza, with only unseasonal torrential rain delaying the seemingly inevitable.”  ( 34 min )
    Stock market today: Asian shares sink, oil slips as investors brace for Israeli invasion of Gaza
    Shares fell in Asia as investors braced Monday for an expected invasion by Israel in the Gaza Strip. U.S. futures edged higher while oil prices were little changed. Israeli forces, supported by a growing deployment of U.S. warships in the region and the call-up of some 360,000 reservists, have positioned themselves along Gaza’s border and drilled for what Israel said would be a broad campaign to dismantle the militant group.  ( 34 min )
    Top banker Mustier takes over as crisis-hit Atos chairman
    Jean-Pierre Mustier, the former CEO of Italian bank UniCredit, is taking the helm of Atos' board, the company said. He will be tasked to revive investors' trust and secure the contemplated deal with Kretinsky after a governance crisis and a series of setbacks pummeled Atos' shares, now trading at near record lows. The contemplated sale of Atos' loss-making legacy IT operations to Kretinsky is contested by several minority shareholders and some French politicians.  ( 32 min )
    As oil majors cast shale nets, Texas oilman Sheffield made Pioneer the prized catch
    Four years ago, Texas oilman Scott Sheffield saw the oil majors were moving aggressively into the top U.S. shale basin and plotted to make his then-$24 billion Pioneer Natural Resources the oilfield's biggest prize. The CEO concentrated the business, exiting less productive properties and dumping an in-house service arm, and set out a mission to make Pioneer the leanest, profitable and most desirable catch among U.S. shale independents. Sheffield emerged as a shale statesman, encouraging the U.S. to lift a 40-year ban on exports of U.S. crude oil and snatching up rivals while publicly warning of a coming consolidation.  ( 34 min )
    Climbing Mortgage Rates Are Keeping Home Buyers Away. Brace for Another Hit.
    No content preview  ( 21 min )
    How Birkenstock’s Lackluster Debut Mistimed the Shaky IPO Market
    (Bloomberg) -- Birkenstock Holding Plc, the 249-year-old footwear brand, stumbled onto Wall Street last week in a debut that could quash the fledgling rebound of initial public offerings.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsGlobal Markets Stable as US Pushes to Contain Middle East WarYour Guide to Understandin  ( 34 min )
    Major US pharmacy chain Rite Aid files for bankruptcy
    Major U.S. pharmacy chain Rite Aid said Sunday that it has filed for bankruptcy and obtained $3.45 billion in fresh financing as it carries out a restructuring plan while coping with falling sales and opioid-related lawsuits. In 2022, Rite Aid settled for up to $30 million to resolve lawsuits alleging pharmacies contributed to an oversupply of prescription opioids. It said it had reached an agreement with its creditors on a financial restructuring plan to cut its debt and position itself for future growth and that the bankruptcy filing was part of that process.  ( 32 min )
    Rite Aid Files for US Bankruptcy, Will Close More Stores
    (Bloomberg) -- Rite Aid Corp., one of the biggest pharmacy chains in the US, filed for bankruptcy as it looks to restructure debts including opioid liabilities. Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsGlobal Markets Stable as US Pushes to Contain Middle East WarYour Guide to Understanding the Roots of the Israel-  ( 32 min )
    Marketmind: Stocks ease in nervous Gaza wait
    A nervous watch has gripped markets as Israel prepares to roll troops into Gaza and worries mount that the conflict with Hamas will spill across borders. U.S. Secretary of State Antony Blinken was on the ground in the Middle East and President Joe Biden on the phone to help soothe tensions. The recent spike in oil prices shows just how interconnected global markets can be, fuelling inflation worries ahead of meetings over the next few weeks of the world's biggest central banks.  ( 32 min )
    Citibank analyst dismissed for lying about meals expenses claim under €100 limit
    Szabolcs Fekete had blamed ‘very small’ coffees and denied that meals had been eaten with his partner  ( 5 min )
    China Tightens Rules on Short Selling in a Bid to Boost Stocks
    (Bloomberg) -- China is tightening curbs on short-selling activities as authorities step up efforts to shore up a struggling stock market.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsGlobal Markets Stable as US Pushes to Contain Middle East WarYour Guide to Understanding the Roots of the Israel-Hamas WarThe Securities  ( 33 min )
    Treasuries Fall Amid Efforts to Calm Middle East: Markets Wrap
    (Bloomberg) -- US equity futures gained while Treasuries and the dollar slipped, in a sign that traders are weighing the efforts by the US and its allies to prevent further escalation of the Israel-Hamas conflict.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsGlobal Markets Stable as US Pushes to Contain Middle East War  ( 35 min )
    How a couple lost a fortune in an alleged Swiss banking fraud
    $22mn case exposes the risks in opaque world of Zürich’s independent wealth advisers  ( 24 min )
    Drug retailer Rite Aid files for bankruptcy protection
    Rite Aid listed estimated assets and liabilities in the range of $1 billion to $10 billion in a court filing with the U.S. Bankruptcy Court for the District of New Jersey. Philadelphia, Pennsylvania-based Rite Aid operates more than 2,000 retail stores across 17 states in the U.S., although it is much smaller than its rivals such as Walgreens Boots Alliance and CVS Health. The U.S. Department of Justice in March sued Rite Aid, accusing the pharmacy chain of missing "red flags" as it illegally filled hundreds of thousands of prescriptions for controlled substances, including opioids.  ( 32 min )
    Rite Aid Files for Bankruptcy, Undone by Years of Losses
    The drugstore chain faces thousands of lawsuits over opioid crisis and struggled for years with failed mergers.  ( 28 min )
    Albemarle’s $4.16 Billion Lithium Bet Scuttled by Australia’s Richest Person
    U.S. company cites difficulty of completing deal for Liontown Resources after Gina Rinehart bought large stake  ( 28 min )
    How Evergrande’s Chief Tried to Turn Things Around—and Failed
    Hui Ka Yan, once one of the world’s richest men, led China Evergrande through its rise and fall. His failures in the aftermath made the property developer’s collapse a bigger problem for the country’s slumping housing market.  ( 28 min )
    The Big Mistakes People Make in Medicare—And How to Avoid Them
    Seniors choosing Medicare plans can fall into traps leaving them with higher costs or fewer doctors than they expected. ‘I was so stupid.’  ( 24 min )
    Nervous markets eye Gaza as oil hovers above $90
    Crude oil hovered above $90 a barrel while equities were weak and the safe-haven dollar was firm on Monday as investors nervously watched for whether escalating violence in Gaza would cause the conflict to spread beyond Israel and Hamas. Israel's shekel sank to a nearly eight-year low, after the country's prime minister, Benjamin Netanyahu, vowed to "demolish Hamas" in retaliation for the rampage on Oct. 7 that killed 1,300 people in the worst attack on civilians in Israel's history. U.S. Secretary of State Antony Blinken is visiting the region, seeking to prevent further escalation.  ( 32 min )
    Lithium Giant Albemarle Abandons $4.2 Billion Liontown Deal
    (Bloomberg) -- Albemarle Corp., the world’s largest lithium producer, has walked away from its A$6.6 billion ($4.2 billion) takeover of Australian miner Liontown Resources Ltd.Most Read from BloombergIsrael Latest: Army Says Over 600,000 Gazans Have Fled SouthUS Pushes Bid to Avert Wider Israel War After Iran WarningIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsYour Guide to Understanding the Roots of the Israel-Hamas WarGlobal Markets Stable as US Pushes to Contain Middle East WarTh  ( 32 min )
  • Open

    Big Banks That Don't Offer Personal Loans
    Bank of America and Chase are among the banks that don’t currently offer personal loans. Learn how personal loans work and which financial institutions offer them.  ( 22 min )
    Top CD Rates Today: Leaders Are Paying 5.75% to 6.50%
    The best CD rates available nationwide are 6.50% from Financial Partners Credit Union for 8 months and 6.00% from Credit Human on a take-your-pick term of 12-17 months.  ( 19 min )
    Personal Loan Rates & Trends, Week of Oct. 16, 2023: Rates Move Upward
    Personal loan rates edged up to 21.01% this week, adding 10 basis points since last week when the average personal loan rate stood at 20.91%.  ( 18 min )
    S&P 500 Gains and Losses Today: Index Climbs to Start Week of Key Earnings Reports
    The S&P 500 rose 1.1% on Monday, Oct. 16, 2023, posting solid gains as the markets kick off a week of noteworthy earnings reports.  ( 17 min )
    Raymond James Teams with JPMorgan Chase for Tax-Management Technology
    Raymond James Financial shares gained as the firm agreed to use tax-management technology provided by JPMorgan Chase.  ( 17 min )
    Moderna Shares Slump Amid Concerns About COVID-19 Vaccine Demand
    Moderna shares fell to an almost three-year low after the biotech firm reiterated its full-year guidance but warned it couldn't yet predict COVID-19 vaccine demand.  ( 17 min )
    Three White Soldiers Candlestick Pattern in Trading Explained
    Three white soldiers is a bullish candlestick pattern that is used to predict the reversal of a downtrend.  ( 25 min )
    Will Your Retirement Income Be Enough?
    Part of retirement planning is figuring out if your retirement income will last. Find out if your retirement savings will provide the standard of living you want.  ( 29 min )
    Bitcoin Briefly Jumps on Hopes for Spot ETF Approval
    Bitcoin's price spiked temporarily Monday after an incorrect report that Blackrock's bitcoin spot exchange-traded fund (ETF) had been approved.  ( 17 min )
    An Inside Look at ETF Construction
    What to know about how the versatile and ubiquitous investment vehicles known as exchange-traded funds, or ETFs, are created.  ( 25 min )
    Fed Official: Central Bank Should 'Hold Rates Where They Are'
    The Federal Reserve shouldn’t raise its influential fed funds rate above the 22-year high where it’s been since July, Patrick Harker, president of the Federal Reserve Bank of Philadelphia, said Monday.  ( 18 min )
    Hardship Default: What It Is and How It Works
    A hardship default is a failure to make a scheduled payment on a debt due to a financial setback.  ( 24 min )
    How to Start a Successful Dropshipping Business: A Comprehensive Guide
    Dropshipping can be a lucrative business model with minimal startup costs. Here's what you need to know to start a dropshipping business.  ( 24 min )
    Student Loan Providers with the Most Complaints in 2022
    These companies had the most complaints about student loans reported to the Consumer Finance Protection Bureau.  ( 25 min )
    Starting an Online Business: A Step-by-Step Guide
    Starting an online business can be a powerful way to launch a new product or service while reaching a wider audience. With market research, a solid business plan, a strong website, and a digital marketing strategy, you can get started in growing your company effectively.  ( 23 min )
    Nvidia Could Be Affected by Expanded US Export Controls on AI Chips to China
    Regulators reportedly want to expand the list of AI semiconductor chips that fall under export control rules, a move which could target chips Nvidia designed just to meet the export guidelines.  ( 18 min )
    Tax-Loss Harvesting: Definition and Example
    Tax-loss harvesting is selling securities at a loss to offset the amount of capital gains tax owed on other investments.  ( 23 min )
    Lululemon, Hubbell Shares Rise Ahead of Joining the S&P 500
    Lululemon and Hubbell will join the S&P 500 on Wednesday, which could can benefit the companies by boosting name recognition and accessibility of the stock.  ( 17 min )
    Markets Jump at Midday to Begin a Week of Key Corporate Earnings Reports
    U.S. equities gained at midday on Monday, Oct. 16, 2023, to start a busy week with key corporate earnings reports.  ( 16 min )
    7 Best ETF Trading Strategies for Beginners
    Exchange-traded funds (ETFs) are ideal instruments for beginning traders and investors. Learn the seven best strategies for trading ETFs.  ( 24 min )
    How the Underground Economy Affects Gross Domestic Product (GDP)
    Find out how the underground or shadow economy can affect the accuracy of the calculation of a country's gross domestic product (GDP).  ( 21 min )
    Agency MBS Purchase: Overview, History, Benefits
    "Agency MBS Purchase" typically refers to the U.S. Federal Reserve's policy of purchasing certain government-backed securities.  ( 22 min )
    Charles Schwab Beats Profit Estimates and Moves to Save $1 Billion Per Year
    Charles Schwab reported profit that beat estimates, and said it plans to cut $1 billion in incremental annual expenses.  ( 17 min )
    News Corp Shares Jump After Report Activist Investor Is Looking to Make Changes
    Activist investor Starboard Value reportedly added to its stake in News Corp, and is targeting changes to Rupert Murdoch's media company.  ( 17 min )
    30-Year Mortgage Rates Down More Than a Quarter Point From a Week Ago
    Rates on 30-year mortgages edged lower Friday, ending the week more than a quarter point lower than the week before. Rates for most other loans types were mostly steady.  ( 19 min )
    Trading Psychology: Definition, Examples, Importance in Investing
    Trading psychology refers to the emotions and mental states that help to dictate success or failure in trading securities.  ( 28 min )
    The Outlook for the Social Security Cap
    The Social Security cap increase for 2022 was 2.9% and it's 8.98% for 2023, but this won't be enough to keep Social Security from running out of funds by 2035.  ( 24 min )
    Rite Aid Files For Bankruptcy, Will Close Underperforming Stores
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    Saving for My Wedding Is So Much Easier With a High-Yield Savings Account
    After getting engaged, I knew we needed to open a high-yield savings account to save money for the wedding. We chose Wealthfront's cash account which pays 4.80% APY.  ( 19 min )
    Medicare vs. Medicaid: What's the Difference?
    Medicare provides health coverage for older adults, while Medicaid covers healthcare costs for people with low incomes. Learn more about Medicare vs. Medicaid.  ( 27 min )
    Novo Nordisk Buys Hypertension Drug in $1.3 Billion Deal
    Novo Nordisk agreed to buy hypertension drug ocedurenone from KBP Biosciences for up to $1.3 billion.  ( 17 min )
    Covered Earnings
    Covered earnings refer to the amount of an employee's pay that is eligible for use in the calculation of retirement benefits.  ( 22 min )
    Independent Contractor: Definition, How Taxes Work, and Example
    An independent contractor is a person or entity engaged in a work performance agreement with another entity as a non-employee.  ( 28 min )
    5 Things to Know Before Markets Open
    The White House is looking to further tighten restrictions on China’s access to artificial intelligence chips and drugstore chain Rite Aid files for Chapter 11 bankruptcy. Here’s what investors need to know today.  ( 19 min )
    Target-Date Funds vs. Lifecycle Funds
    Target-date funds and lifecycle funds are two different names for the same fund. In this article, we’ll explain why they are a popular 401(k) option.  ( 22 min )
    Are Expense Ratios Higher for Fund Options in a 401(k)?
    Expense ratios can be higher for 401(k) accounts in comparison to standard, self-directed brokerage accounts. In this article, we'll explain why.  ( 23 min )
    ABLE Accounts by State
    An ABLE account is a savings account for people with disabilities. ABLE programs are established by states, and there are differences between them.  ( 26 min )
    Can I Buy ETFs for My Roth IRA?
    It’s possible to buy ETFs for your Roth IRA. Choosing the right ones can be an inexpensive way to build a diversified retirement portfolio.  ( 23 min )
    Does an ETF Pay Out the Full Amount of Dividends From Its Stocks?
    Learn how exchange-traded funds (ETFs) distribute their dividends and the difference between qualified and non-qualified dividends.  ( 25 min )
    Eligible Expenses for an ABLE Account
    Eligible expenses for ABLE accounts are referred to as qualified disability expenses (QDEs) and cover a broad range of items and services.  ( 26 min )
    Synthetic vs Physical ETFs
    New and advanced versions of ETFs have been developed over the years, one being the synthetic ETF, which is different than a typical ETF due to its underlying holdings.  ( 21 min )
    Pay Czar Clause Definition
    A pay czar clause is a statement in a financial institutions' executive contracts that subjects its compensation terms to U.S. government approval.  ( 24 min )
    ETF Tracking Errors: Protect Your Returns
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    Mutual Funds vs. ETFs: What’s the Difference?
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    How Does Globalization Impact Comparative Advantage?
    Comparative advantage is becoming increasingly relevant due to globalization, and this has affected both advanced and developing economies.  ( 22 min )
    Current Account: Definition and What Influences It
    The current account records a country's imports and exports of goods and services, foreign investors' payments, and transfers, such as foreign aid. Learn why it matters.  ( 25 min )
    How To Pick the Best ETF
    Of the hundreds of exchange-traded funds on the market, some thrive and some fail. Learn how to pick from the best of the bunch.  ( 25 min )
    Bond Funds vs. Bond ETFs: What's the Difference?
    Understanding the differences between bond funds and bond ETFs can help investors choose the instrument that is best for building a diversified bond portfolio.  ( 23 min )
  • Open

    Raymond James Teams with JPMorgan Chase for Tax-Management Technology
    Raymond James Financial shares gained as the firm agreed to use tax-management technology provided by JPMorgan Chase.  ( 1 min )
    Moderna Shares Slump Amid Concerns About COVID-19 Vaccine Demand
    Moderna shares fell to an almost three-year low after the biotech firm reiterated its full-year guidance but warned it couldn't yet predict COVID-19 vaccine demand.  ( 1 min )
    Nvidia Could Be Affected by Expanded US Export Controls on AI Chips to China
    Regulators reportedly want to expand the list of AI semiconductor chips that fall under export control rules, a move which could target chips Nvidia designed just to meet the export guidelines.  ( 1 min )
    Lululemon, Hubbell Shares Rise Ahead of Joining the S&P 500
    Lululemon and Hubbell will join the S&P 500 on Wednesday, which could can benefit the companies by boosting name recognition and accessibility of the stock.  ( 1 min )
    Charles Schwab Beats Profit Estimates and Moves to Save $1 Billion Per Year
    Charles Schwab reported profit that beat estimates, and said it plans to cut $1 billion in incremental annual expenses.  ( 1 min )
    Rite Aid Files For Bankruptcy, Will Close Underperforming Stores
    Drugstore company Rite Aid filed for bankruptcy, facing slowing sales and opioid litigation. The company will also close underperforming stores according to a turnaround plan agreed upon by its key creditors.  ( 1 min )
    Novo Nordisk Buys Hypertension Drug in $1.3 Billion Deal
    Novo Nordisk agreed to buy hypertension drug ocedurenone from KBP Biosciences for up to $1.3 billion.  ( 1 min )
  • Open

    S&P 500 Gains and Losses Today: Index Climbs to Start Week of Key Earnings Reports
    The S&P 500 rose 1.1% on Monday, Oct. 16, 2023, posting solid gains as the markets kick off a week of noteworthy earnings reports.  ( 1 min )
    Markets Jump at Midday to Begin a Week of Key Corporate Earnings Reports
    U.S. equities gained at midday on Monday, Oct. 16, 2023, to start a busy week with key corporate earnings reports.  ( 1 min )
    News Corp Shares Jump After Report Activist Investor Is Looking to Make Changes
    Activist investor Starboard Value reportedly added to its stake in News Corp, and is targeting changes to Rupert Murdoch's media company.  ( 1 min )
    Dow Jones Today: Stock Futures and Bond Yields Rise Premarket
    U.S. stock futures and bond yields were up in premarket trading Monday as the rush to safe havens let up slightly while investors awaited developments in the Middle East.  ( 1 min )
    5 Things to Know Before Markets Open
    The White House is looking to further tighten restrictions on China’s access to artificial intelligence chips and drugstore chain Rite Aid files for Chapter 11 bankruptcy. Here’s what investors need to know today.  ( 1 min )
  • Open

    46 veehouderijen krijgen tijdelijk afvoerverbod vanwege bestrijdingsmiddel
    De Nederlandse Voedsel- en Warenautoriteit (NVWA) heeft 46 veehouderijen uit voorzorg tijdelijk stilgelegd. De veehouderijen mogen voorlopig geen dieren, mest en melk afvoeren, omdat er op de boerderijen een bestrijdingsmiddel tegen muizen is gebruikt.  ( 8 min )
    EU-landen willen nieuwe begrotingsregels maar doorbraak is nog niet in zicht
    De EU-landen komen nog niet tot een akkoord over de benodigde nieuwe begrotingsregels, denkt demissionair minister van Financiën Sigrid Kaag. Ze zegt dat de ministers van de 27 EU-landen er bij hun overleg deze week in ieder geval nog niet uitkomen.  ( 9 min )
    Nederland exporteert dit jaar minder bloemen en planten
    De Nederlandse bloemenbranche kampt met een teruggelopen export, vooral doordat consumenten in het buitenland minder geld overhouden voor een bloemetje. De oorlogssituatie in Israël helpt voor het huidige kwartaal niet mee.  ( 9 min )
    Aanvallen in Israël te zien in spelletjes: 'Even geen Angry Birds voor je kind'
    Beelden van geweld door Hamas en teksten die waarschuwen dat kinderen worden vermoord in Israël. Het is plotseling te zien in reclames in onschuldige telefoonspelletjes. "Laat kinderen even geen online spelletjes zoals Angry Birds spelen", zegt Justine Pardoen, oprichter van Bureau Jeugd en Media.  ( 11 min )
    Plan om meer statiegeldflessen in te zamelen is volgens inspectie onvoldoende
    Het verbeterplan van het Afvalfonds om meer flessen met statiegeld in te zamelen is niet goed genoeg, vindt de Inspectie Leefomgeving en Transport (ILT). De inspectie wil zien hoeveel inzamelpunten erbij komen en wil ook weten waar en wanneer.  ( 9 min )
    Fiscus stuurt eerste dwangbevelen voor bedrijven die coronaschuld niet betalen
    De fiscus heeft de eerste dwangbevelen gestuurd naar ondernemers die sinds de coronacrisis een belastingschuld hebben en deze niet betalen. In sommige gevallen zijn zelfs stappen gezet om beslag te leggen op bezittingen van de bedrijven.  ( 9 min )
    60.000 ondernemers hebben achterstand bij betalen coronaschulden
    Zo'n 60.000 ondernemers hebben een achterstand bij het betalen van hun coronaschuld aan de Belastingdienst. Dat is bijna een kwart van alle bedrijven die nog een schuld uit de coronatijd hebben openstaan bij de fiscus.  ( 8 min )
    Ook Deloitte maakt zich schuldig aan examenfraude en ziet topman vertrekken
    Ook bij accountantskantoor Deloitte is gefraudeerd met toetsen. Bestuurslid Rob Bergmans treedt terug vanwege de voorlopige resultaten van een intern onderzoek. Eerder dit jaar is dergelijke fraude al bij branchegenoot KPMG aan het licht gekomen.  ( 9 min )
    Failliet BCC sluit webshop en houdt uitverkoop in winkels
    De webshop van het failliete BCC is vanaf maandag gesloten. Daarnaast houden de fysieke winkels van de elektronicaketen die nog wel open zijn vanaf maandag een faillissementsuitverkoop. Daarbij geeft het bedrijf hoge kortingen.  ( 8 min )
    Hypotheekrentes blijven oplopen door hardnekkige inflatie
    Banken en andere geldverstrekkers hebben afgelopen week opnieuw hun hypotheekrentes verhoogd. Sinds enkele weken lopen de rentes op hypotheken steeds verder op. Dit komt door de aanhoudende inflatie.  ( 9 min )
    Huisbazen klagen Staat aan om maatregel waardoor ze minder huur vangen
    Een groep woningverhuurders heeft de Nederlandse Staat gedagvaard. Ze zijn het oneens met regels die de opbrengst van verhuur aan banden leggen en willen een schadevergoeding.  ( 9 min )
    Honderden huisbazen slepen Staat voor rechter om beperken huurprijzen
    Een groep woningverhuurders heeft de Nederlandse Staat gedagvaard. Ze zijn het oneens met regels die de opbrengst van verhuur aan banden leggen en willen een schadevergoeding.  ( 9 min )
    Met Oeigoerse dwangarbeid gemaakte vis ligt ook in Nederlandse schappen
    Nederlandse supermarkten hebben vis verkocht die is gemaakt met Chinese dwangarbeid. Daarbij gaat het om producten van het Britse bedrijf Nomad Foods, dat onder meer het merk Iglo op de markt brengt. Dat blijkt uit uitgebreid onderzoek van het journalistieke platform The Outlaw Ocean.  ( 11 min )
    Bedrijven stoppen steeds vaker, ook het aantal faillissementen stijgt
    Zo'n 29.000 bedrijven hebben in de afgelopen drie maanden besloten te stoppen. Dat is 7 procent meer dan een jaar eerder. Uit cijfers van de Kamer van Koophandel (KVK) blijkt ook dat het aantal faillissementen bijna is verdubbeld.  ( 9 min )
    Steeds meer bedrijven stoppen of gaan failliet
    Zo'n 29.000 bedrijven hebben in de afgelopen drie maanden besloten te stoppen. Dat is 7 procent meer dan een jaar eerder. Uit cijfers van de Kamer van Koophandel (KVK) blijkt ook dat het aantal faillissementen bijna is verdubbeld.  ( 9 min )
    Met Oeigoerse dwangarbeid gemaakte vis in Nederlandse schappen
    Nederlandse supermarkten hebben vis verkocht die is gemaakt met Chinese dwangarbeid. Daarbij gaat het om producten van het Britse bedrijf Nomad Foods, dat onder meer het merk Iglo op de markt brengt. Dat blijkt uit uitgebreid onderzoek van het journalistieke platform The Outlaw Ocean.  ( 10 min )

  • Open

    Seeking up to 11% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy
    The headwinds are piling up on our economic horizon, just a few blurs of cloud right now, at the edge of the horizon – and we just don’t know what’s coming next. The headwinds include factors we all know about: persistent inflation, the Fed’s higher interest rates and tighter monetary policy, the tighter business and consumer credit environment, and the fast-rising government debt which at $33.57 trillion already measures 103% of the total GDP. We’ve been reading about these headwinds for severa  ( 35 min )
    Charles Schwab Earnings: What Its Third Quarter Report May Show
    After a rough year, shareholders will want to see signs that the company’s woes are receding in the rearview mirror.  ( 22 min )
    Freight recession unlike any other in history
    The proliferation of freight brokerages is giving truckers a lifeline. The post Freight recession unlike any other in history appeared first on FreightWaves.  ( 36 min )
    Stocks Are Poised to Rise Monday
    This week includes earnings reports from Tesla, Netflix, and Goldman Sachs.  ( 17 min )
    Oil falls more that $1 a barrel on Venezuela deal hopes
    HOUSTON (Reuters) -Oil futures fell on Monday on reports the U.S. could soon reach a deal to ease sanctions on Venezuela if a presidential election date is set in that country, while traders see the Israel-Hamas conflict not affecting crude supplies in the short term. Brent futures were down 79 cents, or 0.87%, at $90.10 a barrel at 12:01 p.m. CDT (1701 GMT). U.S. West Texas Intermediate (WTI) crude fell by 0.53 cents, or 0.6%, to $87.16 a barrel.  ( 32 min )
    Living Paycheck to Paycheck Is Common, Even Among Those Who Make More Than $100,000
    While most low earners spend down their paychecks each month, about half of people making more than $100,000 a year also run out of money.  ( 24 min )
    Tesla, Goldman, Netflix, Lockheed, TSMC, and More Stocks to Watch This Week
    More than 50 S&P 500 companies are set to report this week including Tesla, Netflix, TSMC, and Goldman Sachs.  ( 23 min )
    Step Aside, Banks. Tesla and Netflix Earnings Are the Real Tests.
    The Magnificent Eight punch well above their fundamental weight, thanks to premium valuation multiples.  ( 20 min )
    Bank of America Is the Problem Child of Big Banks. Here’s How It Can Right the Ship.
    It wasn’t that long ago that BofA seemed poised to become America’s most lucrative bank. A big bet on bonds changed all that.  ( 23 min )
    How These Overlooked Bonds Can Help You Beat Inflation
    Investors will do better in Treasury inflation-protected securities, or TIPS, versus regular Treasury bonds if inflation runs at more than 2.35%, which seems likely.  ( 23 min )
    Default risks loom for nearly $2 trillion of junk-rated debt as US companies hit with higher interest rates
    No content preview
    Insurance Stocks Look Attractive Now. Metlife and 5 Other to Consider.
    Insurers have been hit by a one-two punch of natural disasters and lackluster financial markets. But there’s a silver lining: the profits and surpluses that come with rising premiums.  ( 68 min )
    Time Is Running Out for the ‘Year of the Bond’ as Losses Mount
    (Bloomberg) -- The tagline from Wall Street was that 2023 was the year of the bond. Instead, fund managers are coming to terms with one of the toughest years ever.Most Read from BloombergIsrael Latest: Army Says Over 600,000 Gazans Have Fled SouthUS Pushes Bid to Avert Wider Israel War After Iran WarningIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsYour Guide to Understanding the Roots of the Israel-Hamas WarStanford Suspends Teacher as Mideast Conflict Roils CampusLacy Hunt, Hoising  ( 33 min )
    Here's why gas prices are down, even in pricey California, as Israel-Hamas war escalates
    Gas prices across the U.S. dropped, even in notoriously expensive California, shrugging off escalating Mideast tensions and oil prices for now.  ( 32 min )
    Charlie Munger is a fraction as wealthy as Warren Buffett. He'd be worth over $10 billion if he kept all of his Berkshire Hathaway stock.
    No content preview
    Tesla, Goldman, Netflix, Lockheed, TSMC, and More Stocks to Watch This Week
    Third-quarter earnings season picks up with reports from Morgan Stanley, Bank of America, Tesla, Goldman Sachs, Netflix, TSMC, Johnson & Johnson, and Lockheed Martin.  ( 23 min )
    How Much Can I Make on Social Security?
    You can get Social Security benefits and work at the same time. But if you haven't reached full retirement age, your benefits could be reduced.  ( 29 min )
    The Right Time to Change From Mutual Funds to ETFS
    Find out how to determine when it's the right time for you to switch from mutual funds to ETFs, including the benefits of ETFs and who they are best for.  ( 23 min )
    Student loan borrowers will get a hand in saving for retirement next year
    The SECURE 2.0 Act will allow employers to provide 401(k), 403(b), or SIMPLE IRA matching for qualified student loan payments.  ( 37 min )
    GM and Unifor Deal Details Are Out. Don’t Blame Canada for UAW’s Log Jam.
    GM and Unifor Deal Details Are Out. You Can't Blame Canada For The UAW Log Jam.  ( 21 min )
    Earnings Calendar Spotlight: Tesla Holds Up, But Sellers Knock Netflix Lower Ahead Of Q3 Results
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    ExxonMobil's $60 billion Pioneer deal signals era of 'extreme consolidation' for oil industry
    ExxonMobil and Pioneer's $60 billion merger will make Exxon the biggest shale player in the region.  ( 34 min )
    Big Tech’s Profit Machine Is Propping Up S&P 500 Earnings
    (Bloomberg) -- With the list of stock-market worries growing seemingly by the day, investors looking to earnings season for a dose of good news are hanging their hopes on a familiar group: Big Tech.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsGlobal Markets Stable as US Pushes to Contain Middle East WarYour Guide to U  ( 34 min )
    Big Tech’s Profit Machine Is Propping Up S&P 500 Earnings
    (Bloomberg) -- With the list of stock-market worries growing seemingly by the day, investors looking to earnings season for a dose of good news are hanging their hopes on a familiar group: Big Tech.Most Read from BloombergIsrael Latest: Egypt Says Response Has Exceeded Self-DefenseIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsYour Guide to Understanding the Roots of the Israel-Hamas WarStanford Suspends Teacher as Mideast Conflict Roils CampusBlinken to Visit Israel Again as Lebanon  ( 34 min )
    IRS Rule Change Should Have You Rethinking How You Leave Assets to Heirs
    Managing your taxes can be one of the most complex aspects of estate planning and a new IRS rule change continues that trend. The rule, published at the end of March, changes how the step-up in basis applies to assets held in an irrevocable trust. If you need help interpreting the IRS rule change or setting […] The post Want to Leave Assets to Heirs? IRS Rule Change Should Have You Rethinking Your Irrevocable Trust appeared first on SmartReads CMS - SmartAsset.  ( 33 min )
    The IRS Is Cracking Down on These High-Income Earners. Are You One of Them?
    The IRS recently announced a major tax enforcement initiative that will increase scrutiny on high-income earners, partnerships and people with foreign bank accounts. The agency said the effort would “restore fairness to [the] tax system” by focusing on wealthy taxpayers who have seen sharp declines in audit rates over the past decade. A financial advisor […] The post The IRS Is Cracking Down on These High-Income Earners. Are You One of Them? appeared first on SmartReads by SmartAsset.  ( 33 min )
    Many of Us Are Living Paycheck to Paycheck. That’s Bad for the Economy.
    No content preview  ( 23 min )
    Tesla, Netflix, and banks highlight earnings rush: The week ahead
    A slew of corporate earnings will provide investors with a check on the health of corporate America in the week ahead.  ( 36 min )
    Global Markets Brace for More Volatility Amid Israel Conflict
    (Bloomberg) -- Traders are preparing for another week of wild price swings as continuing conflict in the Middle East fuels demand for haven assets and prompts investors to reconsider their views on global interest rates. Most Read from BloombergIsrael Latest: US Says It’s Warned Iran in Back-Channel TalksIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsYour Guide to Understanding the Roots of the Israel-Hamas WarStanford Suspends Teacher as Mideast Conflict Roils CampusIsrael Latest: Is  ( 33 min )
    What Google’s antitrust trial means for your search habits
    If government regulators prevail against Google in the biggest U.S. antitrust trial in a quarter century, it's likely to unleash drastic changes that will undermine the dominance of a search engine that defines the internet for billions of people. As the 10-week trial probing Google's business practices nears its midway point, it's still too early to tell if U.S. District Judge Amit Mehta will side with the Justice Department and try to handcuff one of the world's most dominant tech companies. If Mehta rules that Google has been running an illegal monopoly in search, the punishment could open up new online avenues for consumers and businesses to explore in pursuit of information, entertainment and commerce.  ( 35 min )
    Microsoft closes the deal; Arm has Wall Street salivating: Weekly tech roundup
    By Louis Juricic and Sarina Isaacs  ( 34 min )
    An IPO Pro Buys More Palantir, Rivian, and Kenvue. It Sold Li Auto.
    Renaissance Capital LLC’s passive IPO-focused ETFs loaded up on Palantir, Rivian, and Kenvue stock, and exited an investment in Li Auto in the third quarter.  ( 20 min )
    Big banks are benefiting from higher rates. Their customers aren't.
    Earnings at giant banks rose as high interest rates let them rake in more income. But loan write-offs also increased, showing that some borrowers are struggling.  ( 35 min )
    A Supreme Court dispute over a $15,000 IRS bill may be aimed at a never-enacted tax on billionaires
    Charles and Kathleen Moore are about to have their day in the Supreme Court over a $15,000 tax bill they contend is unconstitutional. The couple from Redmond, Washington, claim they had to pay the money because of their investment in an Indian company from which, as Charles Moore, 62, said in a sworn statement, they “have never received a distribution, dividend, or other payment.” The Moores are the public face of a high court case backed by business and conservative political interests that could call into question other parts of the U.S. tax code and rule out a much-discussed but never-enacted tax on wealth.  ( 34 min )
    4 Tips to Help Aging Parents Manage Their Finances
    Older relatives often have let their finances fall into disarray by the time you step in. Here's a primer on how to help right things without angering them.  ( 24 min )
    Borderlands: Mexico top US trade partner in August, Laredo No. 1 gateway
    This week in Borderlands: Mexico remains top US trade partner in August, Laredo No. 1 gateway; Eden Green begins $40M vertical farming expansion near Dallas; Production, exports of Mexican-built trucks fall for second straight month; and Port of Brownsville receives $11.5M to overhaul cargo dock. The post Borderlands: Mexico top US trade partner in August, Laredo No. 1 gateway appeared first on FreightWaves.  ( 34 min )
    Trading Stocks Loses Its Thrill: ‘I Would Get Burned’
    Individual investors are dialing back on risks across markets.  ( 27 min )
    China’s Economy Is in Search of More Stable Footing
    (Bloomberg) -- China’s economy isn’t yet on secure footing, as recent green shoots have been offset by lingering fears about the property crisis and a stubborn inability to revive confidence.Most Read from BloombergIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsIsrael Latest: Rockets Target Tel Aviv; Hezbollah Claims StrikeIsrael Latest: Israeli Army Strikes Hezbollah Posts in LebanonTop House Republican Wants Help From Democrats to Pick a SpeakerYour Guide to Understanding the Roots  ( 36 min )
    These Companies Are Being Squeezed by Higher Rates
    Surging interest expenses are wiping out profits for some issuers of risky loans.  ( 27 min )
    Automakers Have Big Hopes for EVs; Buyers Aren’t Cooperating
    Sales growth has slowed in the U.S. as car companies are finding a limited pool of consumers willing to pay more for these models.  ( 27 min )
    Tesla hits major battery-production milestone: This week in EVs
    Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Tesla reaches a production milestone; OSHA violations plague GM plant; and VinFast buys a battery company.  ( 33 min )
    Eli Lilly: One Chart Explains why Shares are Surging
    Eli Lilly (LLY) shares are reaching new heights, up 67% in 2023. Consistent buy pressure is lifting the stock.  ( 32 min )
    Vertex Pharmaceuticals: One Chart Explains the Mega Rally
    Vertex Pharmaceuticals (VRTX) shares are climbing, up 28% in 2023. Consistent buy pressure is lifting the shares.  ( 32 min )
    Novo Nordisk: Relentless Inflows Send Shares Soaring
    Novo Nordisk (NVO) shares are surging, up 51% in 2023. While the company recently raised its guidance due to Ozempic and Wegovy, mega demand for the stock is powering the surge.  ( 32 min )
    Energy & precious metals - weekly review and outlook
    The first is how much the conflict in the Middle East could escalate and what it might mean for supplies in the world's top oil producing region. Crude prices got to finish the just-ended week up as much as 7%, after somewhat of a roller-coaster. An initial 4% gain on Monday from concerns over the latest Middle East war was pared to just 1% by Thursday from data showing the worst weekly US crude build in eight months, on top of record production.  ( 37 min )
    South Korea to fine two Hong Kong banks for naked short-selling
    South Korea's stock market watchdog said on Sunday it found two Hong Kong-based investment banks had engaged in naked short-selling, which would likely result in record fines. The two unnamed investment banks made naked short-selling transactions of a total 40 billion won ($29.58 million) and 16 billion won, respectively, the Financial Supervisory Service (FSS) said in a statement. Naked short selling of stocks - in which an investor short sells shares without first borrowing them or determining they can be borrowed - is banned by the Capital Markets Act in South Korea.  ( 31 min )
    Global markets brace for fallout as Middle East tensions rise
    Economists and market strategists are anticipating further ripple effects globally from the Middle East conflict, watching to see if the situation draws in other countries with the potential to increasingly drive up oil prices and send capital flowing to safehavens. Israel was preparing on Saturday to launch a ground assault in the Hamas-controlled Gaza Strip, after telling Palestinians living in the territory to flee south. The Israeli national security adviser, meanwhile, warned Lebanese militant group Hezbollah not to start a war on a second front.  ( 32 min )
    Cash Is the New Coupon
    Is a 3% cash discount enough to make people ditch credit cards and payment apps?  ( 27 min )
  • Open

    Accounting Rate of Return (ARR): Definition, How to Calculate, and Example
    The accounting rate of return (ARR) is a formula that measures the net profit, or return, expected on an investment compared to the initial cost.  ( 26 min )
    Custom Basket Exchange-Traded Fund (ETF) Definition
    Custom basket ETFs are exchange-traded funds taking advantage of the SEC’s “ETF Rule” passed in 2019. Learn more here.  ( 22 min )
    Benefits of a Covered Call ETF
    ETFs offer more convenient ways to access the many benefits of covered call strategies, such as lower volatility.  ( 22 min )
    History of the Cost of Living
    Learn the relationship among the cost of living, the government’s Consumer Price Index, inflation, and Americans’ household incomes.  ( 31 min )
    Index Fund vs. ETF: What's the Difference?
    Learn about the difference between an index fund and an exchange-traded fund, or ETF, and how index fund investing compares to value investing.  ( 22 min )
    Is Hedging With ETF Indexes a Relevant Strategy?
    Discover four viable hedging strategies with index-based ETFs, including the use of inverse and leveraged funds, as well as call writing and buying puts.  ( 23 min )
    Medicare Changes 2024
    Medicare changes for 2024 include big changes for Part D, and higher premiums and deductibles. Learn about changes.  ( 22 min )
    Are You Saving Too Much for Retirement?
    Can some experts possibly be right about Americans saving too much for our own good?  ( 26 min )
    Net Foreign Factor Income (NFFI) Definition, Equation, Importance
    Net foreign factor income (NFFI) is the difference between a nation’s gross national product (GNP) and gross domestic product (GDP).  ( 20 min )
    Communism vs. Socialism: What's the Difference?
    Communism and socialism are political and economic systems that are historically related but often confused with each other. Here's how they compare.  ( 27 min )
    Old-Age and Survivors Insurance (OASI) Trust Fund Overview
    The Old-Age and Survivors Insurance Trust Fund is a U.S. Treasury account that pays Social Security benefits to retired workers, their survivors, and eligible children.  ( 25 min )
    How ETF Arbitrage Works
    ETF arbitrage brings the market price of ETFs back in line with net asset values when divergence happens. Learn how it works.  ( 24 min )
    Why Negative Interest Rates Are Still Not Working in Japan
    Japan's negative interest rate policy has failed to generate economic growth, but the central bank keeps trying to print up prosperity.  ( 23 min )
    Medicare Open Enrollment Guide
    Medicare open enrollment, Oct. 15–Dec. 7, is an opportunity to make changes to your Medicare coverage. Learn how open enrollment for Medicare works.  ( 26 min )
    Bitcoin's Price History
    Bitcoin's price history has been volatile. Learn about the currency's significant spikes and crashes, plus its major price influencers.  ( 27 min )
    How Much Can I Make on Social Security?
    You can get Social Security benefits and work at the same time. But if you haven't reached full retirement age, your benefits could be reduced.  ( 29 min )
    The Right Time to Change From Mutual Funds to ETFS
    Find out how to determine when it's the right time for you to switch from mutual funds to ETFs, including the benefits of ETFs and who they are best for.  ( 23 min )
    Medicare Part D: What It is, How It Works, Example
    Learn more about Medicare Part D, which is a prescription drug benefit program offered as part of Medicare.  ( 26 min )
    How To Evaluate ETF Performance
    Learn how to evaluate the performance of an ETF, whether it is before the purchase or after you have held the investment for many years.  ( 20 min )
    Property, Plant, and Equipment (PP&E) Definition in Accounting
    Property, plant, and equipment (PP&E) are long-term assets vital to business operations and not easily converted into cash.  ( 26 min )
    What Is Medicare? How It Works, Who Qualifies, and How to Enroll
    Medicare is a U.S. government program providing health insurance mostly to people 65 and older.  ( 30 min )
    Will Baby Boomers Bankrupt Social Security?
    The massive Baby Boomer generation is now retiring in droves. Will they bankrupt the Social Security system?  ( 25 min )
    Kevin Hart's Net Worth—His Tequila Is Now Partnered with Philadelphia Eagles
    Actor and comedian Kevin Hart has made millions from his comedy career, business ventures, and investments, giving him a net worth of about $450 million.  ( 20 min )
    New Class of Global Elites Emerges with Investable Assets of More Than $100 Million
    The number of 'centi-millionaires' worldwide has more than doubled in the last 20 years, with 38% of them living in the U.S. and 775 based in New York City.  ( 18 min )
    Canada Revenue Agency (CRA): What it Means, How it Works
    The Canada Revenue Agency (CRA) or Agence du revenu du Canada is a federal agency that collects taxes and administers tax laws for the Canadian government.  ( 21 min )
    Understanding The Currency Board vs Central Bank
    Each is different in their own way, but which system is better: the currency board or the central bank? Find out more about these systems in this article.  ( 25 min )
    Using ETFs For Small Periodic Investments
    ETFs have lower costs than index funds, but the cost to buy and sell can be more expensive.  ( 22 min )
  • Open

    TikTok zegt actie te hebben ondernomen tegen nepnieuws rond conflict Israël
    TikTok heeft naar eigen zeggen actie ondernomen bij het bestrijden van nepnieuws en haatzaaiende berichten rond het conflict in Israël. De videoapp reageert daarmee op een eis van Eurocommissaris Thierry Breton.  ( 8 min )
    NU+ | Studieschuld sneller aflossen nu rente omhoogschiet? 'Het blijft een gok'
    De rente op studieschulden is met ruim 2,5 procent veel hoger dan de afgelopen jaren. Is dat reden voor extra haast met aflossen ? Of loont het om juist langzaamaan te doen? Experts wijzen op dat je gevoel het belangrijkst is.  ( 9 min )
    Vertrekkend bestuurslid Wereldbank Davidse ziet andere en nieuwe wind waaien
    De Wereldbank is onder de nieuwe president Ajay Banga een nieuwe richting ingeslagen. Die indruk heeft vertrekkend Wereldbank-bewindvoerder Koen Davidse.  ( 10 min )
    FNV organiseert landelijke stakingsdag voor betere cao in houthandel
    Vakbond FNV organiseert dinsdag 24 oktober een landelijke stakingsdag in de houthandel voor een nieuwe en betere cao. De bond roept verder voor komende maandag op tot werkonderbrekingen in Zuid-Holland en Zeeland.  ( 8 min )
    Praat Mee | Inruilen of hergebruiken: hoe ga jij om met het wegwerpbekerverbod?
    NU.nl kiest elke dag een actueel onderwerp waarover jij uitgebreid met medelezers van gedachten kunt wisselen. Vandaag gaat het over de wegwerpbeker die per januari verboden is. Kantoren, attractieparken en ziekenhuizen weten nog niet hoe ze de wegwerpbeker gaan vervangen. Oplossingen zijn mogelijk inruilbekers, meer vaatwassers en gratis herbruikbare flesjes. Wat lijkt jou een goed alternatief? Of neem je nu al een herbruikbare fles of mok mee als je de deur uitgaat?  ( 7 min )
    NU+ | Onderzoek moet aantonen hoe radioactief het water rond Fukushima is
    Vandaag start een internationaal onderzoek naar het zeewater en de grond rondom Fukushima. Japan loost hier sinds afgelopen zomer afvalwater van de verwoeste kerncentrale in de Stille Oceaan. En daar is niet iedereen over te spreken.  ( 9 min )
    Praat Mee | Inruilen of hergebruiken: wat is jouw oplossing voor verbod wegwerpbeker?
    NU.nl kiest elke dag een actueel onderwerp waarover jij uitgebreid met medelezers van gedachten kunt wisselen. Vandaag gaat het over de wegwerpbeker die per januari verboden is. Kantoren, attractieparken en ziekenhuizen weten nog niet hoe ze de wegwerpbeker gaan vervangen. Oplossingen zijn mogelijk inruilbekers, meer vaatwassers en gratis herbruikbare flesjes. Wat lijkt jou een goed alternatief? Of neem je nu al een herbruikbare fles of mok mee als je de deur uitgaat?  ( 7 min )
    The Outlaw Ocean | China schendt op grote schaal mensenrechten in de visserij
    China schendt op grote schaal mensenrechten in de visserij-industrie. Personeel aan boord van vissersboten en in de verwerkingsfabrieken, onder wie Oeigoeren en Noord-Koreanen, heeft te maken met mensenhandel, geweld en dwangarbeid. Daarbij vallen zelfs doden, blijkt uit onderzoek van journalisten van The Outlaw Ocean Project.  ( 10 min )
    Gestolen mokken en volle vaatwassers: verbod op wegwerpbeker is een uitdaging
    Kantoren, attractieparken en ziekenhuizen weten nog niet hoe ze de wegwerpbeker gaan vervangen als die per januari verboden is, blijkt uit een rondgang van NU.nl. Onderwijsinstellingen hebben juist al wat ervaring opgedaan: "De mokkendiefstal neemt af."  ( 13 min )
    The Outlaw Ocean | China schendt op grote schaal mensenrechten in de visserij, tot de dood aan toe
    China schendt op grote schaal mensenrechten in de visserij-industrie. Personeel aan boord van vissersboten en in de verwerkingsfabrieken, onder wie Oeigoeren en Noord-Koreanen, heeft te maken met mensenhandel, geweld en dwangarbeid. Daarbij vallen zelfs doden, blijkt uit onderzoek van journalisten van The Outlaw Ocean Project.  ( 10 min )

  • Open

    Giving Tuesday Definition
    Giving Tuesday is a global initiative that encourages people to donate their time and money to charitable causes on the Tuesday after Thanksgiving.  ( 24 min )
    Genuine Progress Indicator (GPI): Definition, Formula, Vs. GDP
    A genuine progress indicator (GPI) is a metric that measures the economic growth of a country. It is an alternative to gross domestic product (GDP).  ( 24 min )
    Exchange Traded Product (ETP): Definition, Types, and Example
    Exchange traded products (ETPs) are types of securities that track underlying securities, an index, or other financial instruments. ETPs trade on exchanges similar to stocks.  ( 22 min )
    International ETF: What It is, How It Works, Example
    An international exchange-traded fund (ETF) is any ETF that invests in foreign-based securities.  ( 22 min )
    Euro ETF Definition
    A euro ETF is an exchange-traded fund (ETF) that invests in the euro, either directly or through euro-denominated short-term debt.  ( 20 min )
    More Gen Z Women Investing Could Help Narrow Gender Gap in Retirement Savings
    Women are investing and saving for retirement at higher rates, with younger generations of women leading recent gains, Fidelity found.  ( 18 min )
    Exchange-Traded Fund (ETF) Explanation With Pros and Cons
    An exchange-traded fund (ETF) is a basket of securities that tracks an underlying index. ETFs can contain investments such as stocks and bonds.  ( 39 min )
    Earnings Miss of the Week: Domino's Revenue Hit by Inflation, Delivery Fees
    Despite beating on profit, Domino's Pizza (DPZ) posted weaker-than-expected revenue for its third quarter as inflation-weary customers pulled back on ordering pizza.  ( 18 min )
    What Is the Law of Demand in Economics, and How Does It Work?
    The law of demand states that quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded.  ( 28 min )
    Lessons From the Financial Crisis: Neel Kashkari
    A decade after the financial crisis, Neel Kashkari, the man who oversaw TARP, answers questions on lessons learned.  ( 23 min )
    Handelsgesetzbuch (HGB): The Commercial Code of Germany
    Handelsgesetzbuch is a law that governs the commercial code for German companies and includes regulations on the preparation of financial statements.  ( 23 min )
    How and Why Interest Rates Affect Futures
    There are at least four factors that affect change in futures prices, including risk free-interest rates, particularly in a no-arbitrage environment.  ( 25 min )
    The Conference Board (CB): What it Means, How it Works
    The Conference Board (CB) is a not-for-profit research organization which distributes vital economic information to its peer-to-peer business members.  ( 28 min )
  • Open

    Shares of luxury brands are tumbling in a sign consumers' high-end spending spree is over
    No content preview
    Treasury bond auctions have been ugly lately, and weak demand could be a 'canary in the coal mine'
    No content preview
    Insurance Stocks Are on a Roll. 6 Picks for the Rally.
    Insurers have been hit by a one-two punch of natural disasters and lackluster financial markets. But there’s a silver lining: the profits and surpluses that come with rising premiums.  ( 68 min )
    Turbulent Bond Market Offers a Fleeting Glimpse of Cycle’s End
    (Bloomberg) -- Bond traders got a glimpse this week of what the eventual end of the Federal Reserve’s hiking cycle may look like.Most Read from BloombergIsrael Latest: Military Says It’s Preparing Wide Assault on GazaIsrael Latest: Israeli Army Strikes Hezbollah Posts in LebanonTop House Republican Wants Help From Democrats to Pick a SpeakerYour Guide to Understanding the Roots of the Israel-Hamas WarWider War in Middle East Could Tip the World Economy Into RecessionAmid volatile trading conditi  ( 33 min )
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  • Open

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  • Open

    Earnings Miss of the Week: Domino's Revenue Hit by Inflation, Delivery Fees
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  • Open

    Rivian Loses How Much? How to Evaluate EV Stocks.
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    Jamie Dimon warns of the 'most dangerous time' for the world in decades, sounding the alarm on wars, soaring debt, and the Fed
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    Oil prices spike as G7 enforces Russian export price caps, Israel-Hamas war continues
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    Microsoft Is Fighting a Massive Tax Bill. Courts Are Likely to Side With the IRS.
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    Microsoft closes $69 billion takeover of Activision Blizzard
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  • Open

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  • Open

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  • Open

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  • Open

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  • Open

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    30-Year Treasuries Had an Ugly Auction. What’s Behind the Weak Demand.
    Primary dealers, who buy up supply not taken by bidders, had to accept 18.2% of 30-year issuances on Thursday, higher than this year's average of 10.72%.  ( 19 min )
    AMC CEO Adam Aron gets caught with his naked shorts down
    Adam Aron, the CEO of AMC, claims he was the victim of an extortion scheme that likely could have come as a result of some decisions of questionable judgment on his part.  ( 34 min )
    3 REITs Near 52-Week Lows Just Received An Analyst Downgrade
    Analysts often downgrade stocks they feel have run up in price too much or if some bad news comes out that can negatively impact a stock. But it's unusual to see downgrades come after stocks have been pummeled, have no recent bad news and are near or at 52-week lows. The reason it's unusual is that analysts who downgrade stocks or slice price targets near 52-week lows run the risk of piling on too late and being embarrassed as an oversold stock rebounds and performs very well over the next few m  ( 35 min )
    Will CD Rates Rise to a Record 7%?
    The best CD rates are already at record highs, having climbed to 6.00%. But will they rise higher still? Will savers be lucky enough to see a CD reach 7%?  ( 19 min )
    Dollar General Stock Jumps as Former CEO Returns
    Todd Vasos will head up the company again effective immediately, Dollar General said Thursday.  ( 17 min )
    Dow Jones Futures: Stocks Fall On Ugly Treasury Auction; JPMorgan, UnitedHealth On Tap
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    Court Hears Audio From Caroline Ellison’s Nov. 9 All-Hands Meeting
    Audio clips of Caroline Ellison’s Nov. 9 all-hands meeting were played in court. Ellison, the former chief executive of  ( 23 min )
    UnitedHealth Earnings Are Coming. The Stock Is on a Tear.
    Wall Street analysts expect the company to report earnings of $6.32 for the third quarter, up from $5.79 in the same quarter last year, according to FactSet.  ( 17 min )
    Coinbase Sounds Alarm on IRS Crypto Tax Proposal
    As the U.S. crypto exchange called the recent IRS proposal for taxing crypto “incomprehensible,” the tax agency flagged that the industry isn’t paying its fair share.  ( 32 min )
    Stock Market Rallies In The Final Hour; Israel Stock Tumbles 20%
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    The Surprising $5 Billion Opportunity That Drove Vertex Pharmaceuticals Stock To A Record High
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    Dreams of Big Bond Gains Backfire With $10 Billion ETF Loss
    (Bloomberg) -- All year, Wall Street pros have been sinking record sums of cash into the world’s largest Treasury ETF in a high-conviction bet that interest rates have peaked. All year they’ve been wrong, with an estimated $10 billion loss — yet that’s not stopping a cohort of dip buyers braving the worst market drawdown in decades.Most Read from BloombergIsrael Latest: US to Offer Citizens Charter Flights From IsraelIsrael Latest: Hamas Leaders Targeted as Ground War LoomsApollo CEO Marc Rowan  ( 33 min )
    Stocks break win streak, bond yields rise as CPI inflation holds steady: Stock market news today
    Stocks were lower on Thursday as investors digested a September inflation report that some economists believe will keep the Fed on hold in November but could lead to another interest rate hike in December.  ( 47 min )
    The Clean Energy Era Isn't Keeping Coal Stocks Down. Record Demand Fuels Fresh Surge.
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    U.S. Steel Is Up for Sale. Not All Potential Bids Make Sense.
    Thursday, Citi analyst Alexander Hacking reviewed some potential strategic buyers for United States Steel. Not all the bids make sense.  ( 21 min )
    Buy These 2 Beaten-Down Stocks, Goldman Sachs Says, Forecasting up to 130% Upside
    The Federal Reserve might have completed its round of rate hikes, based on recent statements made by the agency’s officials. Those statements conveyed the message that there is presently no urgent necessity to push the Fed funds rate beyond its existing range of 5.25 to 5.50%. This range represents its highest level since July 2001. A number of Fed officials pointed to the surge in government bond yields as a sign that the economy is slowing down sufficiently to curb inflation without necessitat  ( 35 min )
    Qualcomm Cuts Jobs in California in Pledge to Reduce Costs
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    FTX trial stirs up more chaos as ex Alameda CEO Caroline Ellison testifies on faulty balance sheets, bribes and more
    It’s week two of the Sam Bankman-Fried trial and I’m writing this live from outside the Southern District of New York courthouse where the case is taking place. Tuesday was a slower day filled with technical details, but that changed on Wednesday and Thursday when Caroline Ellison, ex-CEO of Alameda Research, took the stand to testify. Alameda is a big player in the trial as it’s the crypto hedge fund sister company of FTX.  ( 33 min )
    FDA Bans Sales of Vuse Menthol E-Cigarettes
    Vuse Alto menthol products have replaced Juul as the most popular vaping product on the U.S. market.  ( 29 min )
    Palantir Stock Is Fighting for Its Longest Winning Streak of the Year
    Palantir Technologies stock is up more than 20% over the past seven days.  ( 18 min )
    US Is Likely In Its 'Weakest Fiscal Position' Since WWII: Billionaire Paul Tudor Jones Warns Of A 'Really Challenging Time' For Stock Market Investors. Here's What He Likes For Protection
    The U.S. stock market showed considerable gains in 2023, but according to billionaire hedge fund manager Paul Tudor Jones, it's not going to be all sunshine and rainbows. "It's a really challenging time to want to be an equity investor in U.S. stocks right now," he said in a recent interview with CNBC. According to Jones, who runs Tudor Investment Corp., this is "the most threatening and challenging geopolitical environment" he has ever seen. At the same time, he believes that America is "probab  ( 33 min )
    Dow Drops 250 Points as Bond Yields Jump
    Stocks dropped in afternoon trading Thursday as Treasury yields popped following a disappointing bond auction. The Dow Jones Industrial Average fell 262 points, or 0.8%. The S&P 500 dropped 0.8%, and the Nasdaq Composite was falling 0.7%. All three indexes had been bouncing between small gains and  ( 12 min )
    How to Turn a $200,000 Investment Into $1 Million
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    Will I Have to Pay a Family Member's Taxes If They Die?
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    These 8 Beaten-Down Stocks Are Long-Term Winners. Consider Buying.
    The S&P 500's 5% decline from its intraday high for the year has hit even those star companies that have hit record levels in 2023. It could be an opportunity.  ( 19 min )
    Stocks drop, bond yields rise as CPI inflation holds steady: Stock market news today
    Stocks were lower on Thursday as investors digested a September inflation report that some economists believe will keep the Fed on hold in November but could lead to another interest rate hike in December.  ( 41 min )
    Americans Failed to Pay a Record $688 Billion in Taxes. The IRS Says That Will Change.
    The agency plans more audits targeting high-income taxpayers.  ( 27 min )
    Fed can stay 'patient' after inflation data as odds rise on a December rate hike
    Thursday's inflation report kept the narrative for a Fed pause in November in tact but underlying details increased the likelihood the Fed could raise rates again in December.  ( 34 min )
    Analyst Report: Sanmina Corp
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    SPAC returns remaining $533 million raise for Trump social media deal
    Digital World Acquisition Corp (DWAC), the blank-check acquisition company that plans to merge with former U.S. President Donald Trump's social media firm, said on Thursday it would return to investors $533 million raised for a cash infusion in the deal, after some already backtracked on another $467 million of commitments. The development is the nail in the coffin of the $1 billion investment that DWAC had raised for the merger with Trump Media & Technology Group (TMTG), which runs the Truth Social platform. It raises further doubts about whether the former U.S. president will go ahead with the deal, now that TMTG no longer stands to receive $1 billion if and when it closes.  ( 32 min )
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    US electric-vehicle sales hit record high, Tesla loses market share - report
    Tesla now dominates just half of the market, down from the 62% it held in the first quarter, despite a price war started by the Elon Musk-led company to solidify its foothold in the competitive EV arena. However, the company could reverse the downward trend with the launch of its Cybertruck electric pickup truck, which is set to be delivered to customers in the current quarter, the market research firm said. "Higher inventory levels, more product availability, and downward pricing pressure have helped spur continued linear growth of EV sales in the U.S. market," Cox said.  ( 32 min )
    Stocks mixed as CPI inflation holds steady: Stock market news today
    Stocks were mixed on Thursday as investors digested a September inflation report that some economists believe will keep the Fed on hold in November but could lead to another interest rate hike in December.  ( 38 min )
    Insiders Are Betting Millions on These 2 Stocks — Here’s Why You Might Want to Follow Their Lead
    When stock markets are in flux, it’s time to dig a little deeper to find the right investments. Investors will look for all sorts of signs, based on the earnings forecasts or charts – but one of the clearest signs of all is put up by corporate insiders. These are the company officers who are charged with ensuring profits and returns. They are answerable to Boards of Directors and to shareholders, who expect them to build a company that supports a solid share value. These insiders, the C-suite re  ( 35 min )
    Court Documents Expose Trump Actually Knew His Manhattan Penthouse Was Only A Fraction Of The 30,000 Square Feet He Claimed — CFO Says Size Was Too Trivial To Be Concerned Considering Trump's $5 Billion to $6 Billion Net Worth
    Former President Donald Trump has been embroiled in numerous controversies over the years. One of the more intriguing allegations recently brought to light concerns the size of his penthouse at Trump Tower in New York. New York Attorney General Letitia James has put forth several allegations against Trump, accusing him of misleading information to inflate the value of his assets for better financial benefits. Among these, a particularly interesting one revolves around the size of his Trump Tower  ( 33 min )
    Costco's Gold Bars Are Selling Out 'Within A Few Hours'— Here Are 3 Other Ways To Invest In The Yellow Metal
    Everyone knows you can leave Costco Wholesale with a cart brimming with oversized tubs of peanut butter, a TV larger than your living room wall and enough toilet paper to last a decade. But did you know that the warehouse chain sells gold bars, too? Costco has started selling 1-ounce gold bars. You can choose from two variations: a 1-ounce gold PAMP Suisse Lady Fortuna Veriscan bar and a 1-ounce gold bar from Rand Refinery. Both types are available online only and are limited to two per member.  ( 34 min )
    The Social Security Raise for 2024 Just Got Bigger
    As inflation held firm in September, the Social Security COLA matched recent projections.  ( 14 min )
    Powerball streak ends: Here's what the $1.765 billion jackpot winner is pocketing after taxes
    Here's how much of the prize you would take home after taxes -- plus five ways to invest your windfall.  ( 33 min )
    Mortgage defaults rise at fastest pace since 2009 as lenders warn of worse to come
    Mortgage defaults have risen at their fastest pace since 2009 as lenders warn over plans to restrict the supply of deals.  ( 32 min )
    What Should Your Net Worth Be at Retirement?
    As you approach retirement, your net worth is a key indicator of your financial preparedness. Net worth is a fundamental financial metric in retirement planning because it shows how much wealth you have accumulated and can use to support yourself after you stop working. The net worth varies according to a number of factors, including […] The post What Should Your Net Worth Be at Retirement? appeared first on SmartReads by SmartAsset.  ( 34 min )
    Viasat says it will not replace satellite that malfunctioned
    Viasat said it expects to recover less than 10% of the planned throughput on ViaSat-3 F1, its satellite that malfunctioned during deployment in July, but it was confident it could meet the needs of its customers without replacing it. Viasat, which bought its British rival Inmarsat in May, said it had insurance coverage of $420 million in place for ViaSat-3 F1 and it would finalize its claim before the end of the year.  ( 32 min )
    Cathie Wood Keeps Selling Tesla Stock As $7,500 Tax Credit For Model 3 Likely Gone
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    GM and Ford CEOs Make Too Much for the UAW. It Has a Point.
    GM, Ford, and Stellantis CEOs made a lot more money in 2022 than the chiefs of their foreign rivals.  ( 29 min )
    Target upgraded, Beyond Meat downgraded: Wall Street's top analyst calls
    Target upgraded, Beyond Meat downgraded: Wall Street's top analyst calls  ( 35 min )
    New Rate on Treasury’s I Bonds Could Rise Past 5%
    The new semiannual rate, to be set around Nov. 1, is based on the six-month change in consumer prices ending in September.  ( 18 min )
    Stock open flat as CPI inflation holds steady: Stock market news today
    All eyes are on the Consumer Price Index report for insight into whether the Fed is winning the inflation fight.  ( 34 min )
    Rouble leaps higher as Putin orders foreign currency sale in 'sign of despair' - latest updates
    The US owner of Boots aims to cut costs by up to $1bn (£810m) as the troubled cosmetics and pharmaceutical retailer prepares to welcome a new boss.  ( 45 min )
    Here’s How Much Social Security Benefits Will Rise in 2024
    The government on Thursday announced how much checks rise next year for the roughly 67 million Social Security recipients.  ( 18 min )
    Dow Jones Futures Rise On Hot CPI Inflation Data; Domino's Slides On Weak Sales
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    Inflation: Consumer prices rose 3.7% over last year in September, matching August's increase
    September’s CPI report is one of the most important data points the Federal Reserve will consider in its next interest rate decision.  ( 31 min )
    Stock futures trim gains as CPI inflation holds steady: Stock market news today
    All eyes are on the Consumer Price Index report for insight into whether the Fed is winning the inflation fight.  ( 34 min )
    Delta Stock Takes Off on Company’s Earnings Beat. ‘Robust Demand’ Lifts More Airlines Too.
    Delta Air Lines reported earnings of $2.03 a share on revenue of $14.6 billion in the third quarter, firmly beating analyst expectations.  ( 16 min )
    Investors Strike It Rich On A Commodity Up More Than Oil And Gold
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    Live Ventures makes offer to buy LL Flooring Holdings - letter
    U.S. investment firm Live Ventures has offered to buy LL Flooring Holdings Inc , formerly known as Lumber Liquidators, for roughly $180 million in cash, according to a letter seen by Reuters. LL Flooring said in August that it was exploring strategic alternatives, including a possible sale. The company, headquartered in Richmond, Virginia and one of the country's leading retailers of hard-wood surface flooring, has seen its stock price tumble more than 78% in the last five years.  ( 32 min )
    Walgreens Stock Is Falling After Earnings Miss, Guidance Disappoints
    Walgreens posts fourth-quarter earnings of 67 cents a share, down from 80 cents in the same quarter last year.  ( 19 min )
    Ask an Advisor: I'm 55 With a $3 Million Net Worth and $5k in Monthly Expenses. Can I Retire Now?
    I'm 55 and would like to retire now with a $3 million total net worth. I'm assuming my net worth will grow, on average, 5% until I’m eligible for Social Security. My house is paid off and my lifestyle is simple. I can live with $5,000 per month. Am I making the right decisions? – […] The post Ask an Advisor: I'm 55 With a $3 Million Net Worth and $5k in Monthly Expenses. Can I Retire Now? appeared first on SmartReads by SmartAsset.  ( 34 min )
    US futures rise with CPI inflation update on deck: Stock market news today
    All eyes are on the Consumer Price Index report for insight into whether the Fed is winning the inflation fight.  ( 33 min )
    Daily Spotlight: Earnings Near An Inflection Point
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    Top economist Mohammed El-Erian warns markets got ‘drunk on support’ from central bank ‘BFFs’, and now he’s more comfortable keeping his fortune in cash
    Mohammed El-Erian, chief economic adviser at Allianz and former Pimco CEO, says the Fed and Bank of England's high rates bodes well for savers.  ( 33 min )
    Daily – Vickers Top Insider Picks for 10/12/2023
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    Daily – Vickers Top Buyers & Sellers for 10/12/2023
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    Delta Earnings Beat. Watch for Ozempic Talk Alongside Fuel Costs and Demand.
    Delta Air Lines reported earnings of $2.03 a share on revenue of $14.6 billion in the third quarter.  ( 19 min )
    UAW shuts down Ford's biggest plant; Stellantis talks resuming
    U.S. auto workers are expected to return to talks with Chrysler maker Stellantis on Thursday, a tense day after a surprise walkout at Ford's biggest and most profitable plant sharply raised the stakes between the United Auto Workers and the Detroit Three. The Wednesday evening decision to shut Ford's Kentucky truck plant employing 8,700 workers, the largest single walkout since targeted strikes began four weeks ago, came as the UAW and Stellantis prepared for another major round of bargaining, sources said. Nearly a quarter of the 150,000 UAW workers at the Detroit Three automakers are now on strike, and thousands more have been furloughed from jobs at operations that are not on strike because automakers said the walkouts made their work unnecessary.  ( 34 min )
    Caroline Ellison faces cross-examination at Sam Bankman-Fried's trial
    Sam Bankman-Fried's confidant Caroline Ellison will take the stand again at the FTX founder's trial on Thursday, where she could face questions about why she cooperated with prosecutors against her former boss and romantic partner. Ellison, the former co-chief executive of Bankman-Fried's crypto hedge fund Alameda Research, has been on the stand since Tuesday detailing her role in a multibillion-dollar fraud prosecutors say was orchestrated by Bankman-Fried at his now-defunct cryptocurrency exchange. Over two days on the stand, Ellison, who took the reins at Alameda in 2021, testified that the hedge fund took $10 billion in FTX customer funds to repay its debts and make investments.  ( 31 min )
    Stock market bulls are regaining control, and only inflation stands in their way
    Stocks have started to get their mojo back in October, leaving inflation data as the main hurdle to overcome for investors getting more positive on the outlook for the rest of 2023.  ( 34 min )
    Disney hikes prices on streaming plans for second time this year
    Disney's previously announced price increases for some of its streaming services took effect Thursday. The company continues to grapple with direct-to-consumer profitability challenges and falling subscriber numbers.  ( 34 min )
    Chinese storage specialist Longsys, a major client of US chip maker Micron, completes US$132 million takeover of Suzhou plant from Taiwan's Powertech
    Storage systems specialist Shenzhen Longsys Electronics, one of US memory chip maker Micron Technology's largest clients in China, has completed its US$132 million takeover of a mainland plant from Taiwan's Powertech Technology, one of the world's largest semiconductor assembly, packaging and testing companies. Longsys, which makes digital storage products that include memory modules and solid-state drives, said in a filing to the Shenzhen Stock Exchange on Wednesday that it has finalised the ac  ( 34 min )
    These Stocks Are Moving the Most Today: Ford, Microsoft, Delta, Walgreens, Birkenstock, and More
    The United Auto Workers union calls a surprise strike at Ford's Kentucky Truck Plant in Louisville, Microsoft is told by the IRS it owes $29 billion in back taxes, and Delta and Walgreens are scheduled to report quarterly earnings.  ( 20 min )
    Accelerating US Core Inflation Set to Muddy Rate Picture for Fed
    (Bloomberg) -- A monthly report on US consumer prices due Thursday is set to muddy the picture for Federal Reserve officials trying to decide whether to hike interest rates again, especially as escalating conflict in the Middle East adds uncertainty, according to Bloomberg Economics.Most Read from BloombergIsrael Latest: Hamas Leaders Targeted as Ground War LoomsApollo CEO Marc Rowan Demands UPenn Leaders Quit Over ‘Antisemitism’IMF Caught Off Guard as China Strikes Sri Lanka Debt DealGoldman Su  ( 32 min )
    Ericsson shares volatile after results, $2.9 billion charge
    Ericsson shares were volatile early on Thursday, defying indications for a sharp fall after the Swedish telecom gear maker overnight announced a $2.9 billion impairment related to its acquisition of Vonage last year. Traders said investors were focusing on the company's operational results which were in line with market expectations. Ericsson reported a preliminary third-quarter operating profit before amortisation, restructuring and impairment charges of 4.7 billion Swedish crowns ($431 million), down 39%.  ( 32 min )
    GM, Ford CEOs Make Too Much for UAW’s Fain. How They Stack Up.
    GM, Ford, and Stellantis CEOs made a lot more money in 2022 than the chiefs of their foreign rivals.  ( 29 min )
    Bond Traders Are Starting to Bail on Winning Yield-Curve Bets
    (Bloomberg) -- Bond investors are starting to back away from what’s been one of the few bright spots for them this year amid signs yields may have peaked after the epic rout in September.Most Read from BloombergIsrael Latest: Hamas Leaders Targeted as Ground War LoomsApollo CEO Marc Rowan Demands UPenn Leaders Quit Over ‘Antisemitism’IMF Caught Off Guard as China Strikes Sri Lanka Debt DealWall Street Brushes Off Hot PPI as Stocks Advance: Markets WrapHouse Republicans Pick Scalise as Speaker No  ( 33 min )
    Stocks and bonds are in for a 'painful' journey and cash is safer, according to top economist Mohamed El-Erian
    El-Erian said recently that the odds of the US avoiding a recession have come down amid high interest rates and bond market volatility.  ( 33 min )
  • Open

    Debt Settlement: Cheapest Way to Get Out of Debt?
    Debt settlement can save consumers money by allowing them to resolve debts for less than the full balance. Learn the pros and cons of debt settlement.  ( 31 min )
    Top CD Rates Today: Earn 5.75% to 6.00% on 6 to 17 Months
    The best CD rates available nationwide are a 6.00% offer from Credit Human on a take-your-pick term of 12-17 months and 5.76% on a 6-month option from TotalDirectBank.  ( 19 min )
    Debt Relief: What it is, How it Works, FAQs
    Debt relief involves the reorganization of a borrower's debts to make them easier to repay. It can also give creditors a chance to recoup at least a portion of what they are owed.  ( 25 min )
    Government Subsidies for Business
    Many industries rely on government assistance in both good times and bad. What are the benefits of these programs, and how do they impact the consumer?  ( 24 min )
    Will CD Rates Rise to a Record 7%?
    The best CD rates are already at record highs, having climbed to 6.00%. But will they rise higher still? Will savers be lucky enough to see a CD reach 7%?  ( 18 min )
    SAG-AFTRA Negotiations Break Down, Theaters Show Concerts as Strike Continues
    Bargaining between SAG-AFTRA and the Alliance of Motion Picture and Television Producers stopped, further disrupting scripted content.  ( 17 min )
    Repatriation: Definition, With Currency Exchange and Example
    Repatriation refers to converting any foreign currency into a country's local currency.  ( 26 min )
    Hormel Shares Sink After Food Maker's Strategic Plan, Union Contract
    Hormel Foods' stock was the biggest loser on the S&P 500 Thursday after the company gave a strategic update and settled with union workers on a new contract.  ( 17 min )
    S&P 500 Gains and Losses Today: Index Falls as Consumer Prices Top Estimates
    The S&P 500 dropped 0.6% on Thursday, Oct. 12, 2023, as the Consumer Price Index (CPI) exceeded forecasts, raising concerns about more Fed tightening.  ( 16 min )
    Fastenal Shares Surge After Beating Profit Estimates as Onsite Unit Sales Grow
    Fastenal shares jumped after the maker of fasteners and other construction and hardware equipment beat profit forecasts.  ( 16 min )
    TransUnion Agrees To Pay $23 Million to Federal Regulators
    TransUnion, one of the big three credit reporting agencies, has agreed to pay $23 million in fines to settle lawsuits charging the company with bungling important customer records.  ( 19 min )
    China Cracks Down on Cross-Border Financial Flows, Offshore Trading
    China on Thursday ordered its securities firms with offshore operations to stop taking on mainland investors as clients, as part of a crackdown against offshore trading and an effort to plug regulatory loopholes.  ( 18 min )
    Tax-Advantaged: Definition, Account Types, and Benefits
    Tax-advantaged refers to any type of investment, account, or plan that is either exempt from taxation, tax-deferred, or offers other types of tax benefits.  ( 23 min )
    IRS Says Microsoft Owes $29 Billion in Back Taxes
    Microsoft said it disagrees with the tax adjustments and "will pursue an appeal within the IRS, a process expected to take several years."  ( 18 min )
    What Causes Inflation?
    In this article, we examine the fundamental factors behind inflation, different types of inflation, and who benefits from it.  ( 32 min )
    Inherent Risk: Definition, Examples, and 3 Types of Audit Risks
    Inherent risk is the risk posed by an error or omission in a financial statement due to a factor other than a failure of control.  ( 24 min )
    What Is the Tax-To-GDP Ratio? Definition, and What Is a Good One?
    Learn about the tax-to-GDP ratio, a ratio of a nation's tax revenue relative to its gross domestic product.  ( 24 min )
    Goldman Washes Hands Of GreenSky But Not Before Taking A Q3 Earnings Hit
    Goldman Sachs is finally selling its disastrous investment in the consumer lending company GreenSky, but not before it impacts the bank's earnings for a second consecutive quarter.  ( 17 min )
    How Intangible Assets Provide Value To Stocks
    Intangible assets don't appear on balance sheets but are crucial to judging a company's value.  ( 22 min )
    Gambling Income: What it is, How it Works, Advantages
    Gambling income refers to any money that is generated from games of chance or wagers on events with uncertain outcomes. Learn how gambling income is taxed.  ( 24 min )
    How Government Budgetary Decisions Impact the Public Sector
    Issues facing the public sector are not unlike some issues facing America’s oldest and largest companies, but with larger and broader impacts.  ( 24 min )
    Markets Mixed at Midday as Consumer Prices Rise More Than Expected
    U.S. equities were mixed and little changed at midday on Thursday, Oct. 12, 2023 after the latest report on consumer inflation showed prices rose more than anticipated.  ( 16 min )
    Walgreens Shares Surge After Saying It Will Slash Costs
    Walgreens shares gained after announcing it would slash costs by at least $1 billion as it looks to recover from recent challenges, including a CEO shakeup.  ( 17 min )
    Ford Shares Fall After UAW Expands Strike to Its Largest Factory
    Ford shares dropped after the United Auto Workers union expanded its strike to Ford's largest factory, as 8,700 workers walked off the job at Ford's Kentucky truck plant.  ( 17 min )
    What Math Skills Are Required To Study Microeconomics?
    Find out how and why mathematics is used in microeconomics, its limitations, and the math skills that economics students need.  ( 20 min )
    How to Give Cryptocurrency As a Gift
    Cryptocurrencies can be used to buy goods and services online or as a speculative investment, making them an interesting gift idea for the holidays.  ( 26 min )
    Can Keynesian Economics Reduce Boom-Bust Cycles?
    Economists struggled with the causes of depressions, recessions, and unemployment for years. Then Maynard Keynes changed everything.  ( 25 min )
    30-Year Mortgage Rates Fall Again, Dropping Below 8%
    Rates on 30-year mortgages dropped for a second day, adding to a third-of-a-point plunge Tuesday. The two-day decline has lowered the 30-year average back below 8%.  ( 19 min )
    6 Basic Financial Ratios and What They Reveal
    When it comes to investing, ratios can help make you a more informed investor when they're properly understood and applied. There are 6 basic financial ratios.  ( 27 min )
    Delta Reports Big Profit Gains From Summer Travel, but Warns About Fuel Costs
    Delta Air Lines reported better-than-expected profit as demand for summer travel boomed, but warned fuel costs will impact full-year results.  ( 17 min )
    What Is a Robo-Advisor?
    A robo-advisor is a type of automated financial advisor that provides algorithm-driven wealth management services with little to no human intervention. Here’s how it works.  ( 30 min )
    What Is Dollarization?
    Fledgling economies find stability in their currency and attract foreign investment through dollarization.  ( 21 min )
    Introduction to Investing: A Beginner’s Guide to Asset Classes
    Learning where different assets stand on the investment risk ladder is the first step to understanding investments.  ( 29 min )
    How to Calculate Return on Equity (ROE)
    The return on equity calculation measures how efficiently a company is generating income from the equity investments of its shareholders.  ( 25 min )
    Social Security Cost of Living Adjustment To Rise 3.2% in 2024
    Starting in January, Social Security benefit payments for 66 million beneficiaries will rise 3.2% to keep up with the cost of living, the Social Security Administration said Thursday.  ( 18 min )
    Blockchain ETF: Meaning, Criticism, Example
    Blockchain exchange-traded funds (ETFs) facilitate real-time trading on a basket of blockchain-based stocks.  ( 26 min )
    How To Give NFTs As a Gift
    Digital art and cryptocurrency enthusiasts may appreciate an NFT gift for the holidays.  ( 26 min )
    Toyota and Idemitsu Team Up to Mass-Produce Solid-State Batteries for EVs
    Toyota and Idemitsu said they will work together to mass-produce solid-state batteries for electric vehicles, which could help reduce charging times and support longer ranges.  ( 17 min )
    Bitcoin Futures ETF: Definition, How It Works, and How to Invest
    A Bitcoin Futures ETF is like a mutual fund, but the intent is to track Bitcoin's price and create a security that can trade on an exchange. Learn about these new types of ETFs.  ( 25 min )
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    Economists are grappling with a strange quirk of the post-pandemic economy: why consumers in the U.S.—and only the U.S.—are spending away the money they saved up in 2020 and 2021.  ( 18 min )
    Anti-Fragility: Definition, Overview, FAQ
    Anti-fragility is the opposite of fragility, describing things that gain from chaos but may need to survive and flourish.  ( 23 min )
    September Inflation Rose More Than Expected On Higher Housing, Energy Costs
    September’s Consumer Price Index showed a 3.7% annual increase in inflation and a 0.4% month-over-month increase, slightly higher than analysts had forecast. Core CPI increased 0.3% in September on a monthly basis, showing a 4.1% annual increase in core CPI.  ( 18 min )
    Work-From-Home Is Killing Offices. Here’s Why They’re Still Building More of Them
    Companies need less office space than they used to, thanks to the work-from-home revolution—yet they’re spending record amounts of money on office construction.  ( 19 min )
    Surety: Definition, How It Works with Bonds, and Distinctions
    A surety is the organization or person that assumes the responsibility of paying the debt in case the debtor policy defaults or is unable to make the payments.  ( 23 min )
    New Jersey's Economy: The Top Industries Driving GDP Growth
    A few industries are driving New Jersey's economy. See which sectors employ the most people, and which industries are expected to grow the fastest.  ( 24 min )
    5 Things to Know Before Markets Open
    Inflation is projected to decline in the latest Consumer Price Index, and the United Auto Workers union expanded its strike to Ford’s Kentucky truck plant. Here’s what investors need to know today.  ( 18 min )
    A Complete Guide to Tax-Loss Harvesting With ETFs
    Using exchange-traded funds (ETFs) to harvest tax losses can be a smart way to maximize your portfolio's tax efficiency.  ( 25 min )
  • Open

    S&P 500 Gains and Losses Today: Index Falls as Consumer Prices Top Estimates
    The S&P 500 dropped 0.6% on Thursday, Oct. 12, 2023, as the Consumer Price Index (CPI) exceeded forecasts, raising concerns about more Fed tightening.  ( 1 min )
    China Cracks Down on Cross-Border Financial Flows, Offshore Trading
    China on Thursday ordered its securities firms with offshore operations to stop taking on mainland investors as clients, as part of a crackdown against offshore trading and an effort to plug regulatory loopholes.  ( 1 min )
    Markets Mixed at Midday as Consumer Prices Rise More Than Expected
    U.S. equities were mixed and little changed at midday on Thursday, Oct. 12, 2023 after the latest report on consumer inflation showed prices rose more than anticipated.  ( 1 min )
    Work-From-Home Is Killing Offices. Here’s Why They’re Still Building More of Them
    Companies need less office space than they used to, thanks to the work-from-home revolution—yet they’re spending record amounts of money on office construction.  ( 1 min )
    Dow Jones Today: Stock Futures Up Ahead of September CPI
    U.S. stock futures were up in premarket trading Thursday ahead of September inflation data that could set the tone heading into the Federal Reserve's next policy meeting at the end of the month.  ( 1 min )
    5 Things to Know Before Markets Open
    Inflation is projected to decline in the latest Consumer Price Index, and the United Auto Workers union expanded its strike to Ford’s Kentucky truck plant. Here’s what investors need to know today.  ( 1 min )
  • Open

    Hormel Shares Sink After Food Maker's Strategic Plan, Union Contract
    Hormel Foods' stock was the biggest loser on the S&P 500 Thursday after the company gave a strategic update and settled with union workers on a new contract.  ( 1 min )
    Fastenal Shares Surge After Beating Profit Estimates as Onsite Unit Sales Grow
    Fastenal shares jumped after the maker of fasteners and other construction and hardware equipment beat profit forecasts.  ( 1 min )
    IRS Says Microsoft Owes $29 Billion in Back Taxes
    Microsoft said it disagrees with the tax adjustments and "will pursue an appeal within the IRS, a process expected to take several years."  ( 1 min )
    Goldman Washes Hands Of GreenSky But Not Before Taking A Q3 Earnings Hit
    Goldman Sachs is finally selling its disastrous investment in the consumer lending company GreenSky, but not before it impacts the bank's earnings for a second consecutive quarter.  ( 1 min )
    Ford Shares Fall After UAW Expands Strike to Its Largest Factory
    Ford shares dropped after the United Auto Workers union expanded its strike to Ford's largest factory, as 8,700 workers walked off the job at Ford's Kentucky truck plant.  ( 1 min )
    Walgreens Shares Surge After Saying It Will Slash Costs
    Walgreens shares gained after announcing it would slash costs by at least $1 billion as it looks to recover from recent challenges, including a CEO shakeup.  ( 1 min )
    Delta Reports Big Profit Gains From Summer Travel, but Warns About Fuel Costs
    Delta Air Lines reported better-than-expected profit as demand for summer travel boomed, but warned fuel costs will impact full-year results.  ( 1 min )
    Toyota and Idemitsu Team Up to Mass-Produce Solid-State Batteries for EVs
    Toyota and Idemitsu said they will work together to mass-produce solid-state batteries for electric vehicles, which could help reduce charging times and support longer ranges.  ( 1 min )
  • Open

    Europees Hof vindt e-bike geen motorvoertuig, gevolgen voor schadevergoeding
    Het Europees Hof van Justitie heeft bepaald dat een elektrische fiets geen motorvoertuig is. In veel Europese landen heeft een e-biker daarom recht op een schadevergoeding als die tegen een gemotoriseerd voertuig aan botst.  ( 9 min )
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    IKEA belooft prijzen te verlagen na eerdere prijsverhogingen
    IKEA is van plan zijn prijzen de komende tijd te verlagen. De afgelopen jaren werden de artikelen bij de meubelgigant juist duurder, maar nu kan het bedrijf een groot deel van de prijzen in stapjes verlagen.  ( 8 min )
    IKEA zegt prijzen te verlagen na eerdere prijsverhogingen
    Woonwinkel IKEA is van plan om zijn prijzen te verlagen de komende tijd. De afgelopen jaren werden de artikelen bij de meubelgigant juist duurder, maar nu kan "een groot deel van de prijzen gefaseerd naar beneden worden gebracht", stelt het bedrijf.  ( 8 min )
    Europees hof: e-bikers zijn zwakkere verkeersdeelnemers
    De Europese rechter heeft bepaald dat een elektrische fiets geen motorvoertuig is. In veel Europese landen heeft de e-bike bestuurder daarom recht op een schadevergoeding als de bestuurder in botsing komt met een gemotoriseerd voertuig.  ( 9 min )
    Recordboete voor accountantsbedrijf KPMG voor gebrekkig toezicht op Carillion
    Accountantsbedrijf KPMG krijgt een boete van 30 miljoen pond (ruim 35 miljoen euro) vanwege nalatig toezicht op het failliete Britse bouwbedrijf Carillion. De Engelse toezichthouder geeft de recordboete omdat de accountants niet objectief en kritisch genoeg hun werk deden.  ( 9 min )
    Waakhond ACM plaatst tien energieleveranciers onder verscherpt toezicht
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    ASR schrapt 260 banen op hypotheekafdeling na overname van Aegon
    Verzekeraar ASR gaat in de komende 2,5 jaar 260 banen schrappen op de hypotheekafdeling van het bedrijf. Dat bevestigt een woordvoerder na berichtgeving van Leeuwarder Courant. Na de overname van branchegenoot Aegon vorig jaar zijn er veel dubbele functies binnen het bedrijf.  ( 9 min )
    Verzekeraar ASR schrapt 260 banen op hypotheekafdeling na overname van Aegon
    Verzekeraar ASR gaat in de komende 2,5 jaar 260 banen schrappen op de hypotheekafdeling van het bedrijf. Dat bevestigt een woordvoerder na berichtgeving van Leeuwarder Courant. Na de overname van branchegenoot Aegon vorig jaar zijn er veel dubbele functies binnen het bedrijf.  ( 9 min )
    Vliegmaatschappijen leggen vluchten van en naar Israël voorlopig stil
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    Planbureaus: Niet álle fossiele subsidies hoeven worden afgeschaft
    Van Extinction Rebellion tot aan het kabinet: het afbouwen van fossiele subsidies staat hoog op de agenda. Planbureaus waarschuwen nu om daar niet zomaar mee te beginnen: kijk per regeling of het klimaat eigenlijk wel iets opschiet met afschaffing.  ( 12 min )
    NU+ | Gele akkers en grotere oogst: waarom glyfosaat zo omstreden is
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    NU+ | Gele akkers en grotere oost, waarom glyfosaat zo omstreden is
    Vrijdag stemmen Europese lidstaten over het gebruik van onkruidbestrijdingsmiddel glyfosaat. Als de meerderheid instemt, mag het middel nog minimaal tien jaar gebruikt worden. Wat is glyfosaat en waarom willen sommige partijen het gebruik verbieden?  ( 9 min )
    Een derde minder huurwoningen beschikbaar doordat verhuurders ze verkopen
    Het aantal beschikbare huurwoningen in de vrije sector is in het afgelopen jaar met 32 procent gedaald. Verhuurders kunnen minder hoge huren vragen en zetten daardoor steeds meer huurwoningen te koop, zegt woningplatform Pararius.  ( 9 min )
    Hogere bankenbelasting gaat volgens IMF-bestuurder ten koste van spaarrente
    Spaarders kunnen een hogere bankenbelasting gaan merken in de rente die ze krijgen op hun spaarrekening. IMF-bestuurder Paul Hilbers vermoedt dat het plan van de Tweede Kamer eerder ten koste gaat van de spaarrente dan van de hoge winsten van banken.  ( 9 min )
    Steeds meer bedrijven gaan kopje onder, waaronder ook bekende namen
    Het aantal bedrijven dat failliet gaat neemt al bijna anderhalf jaar toe. In de maand september gingen 294 bedrijven kopje onder. Daaronder zijn ook bekende namen als BCC, Big Bazar en Vacansoleil.  ( 9 min )
    NU+ | Wat is glyfosaat en waarom is het omstreden?
    Vrijdag stemmen Europese lidstaten over het gebruik van onkruidbestrijdingsmiddel glyfosaat. Als de meerderheid instemt, mag het middel nog minimaal tien jaar gebruikt worden. Wat is glyfosaat en waarom willen sommige partijen het gebruik verbieden?  ( 9 min )

  • Open

    BlackRock Pulls the Trigger on These 2 High-Yield Dividend Stocks — Including One With 9% Yield
    This past week has been a doozy. We’ve got the usual headwinds piling up, with sticky inflation, a 1-in-3 chance for another Fed interest rate hike this year, and rising bond rates putting pressure on stocks. And if that wasn’t enough, the geopolitical situation has heated up, with a major war in the Middle East as Israel goes to war in retaliation for Hamas’ latest atrocities. But there are opportunities in the market, and investors should not lose hope, despite the headwinds. The strategists a  ( 36 min )
    The Fall of Russia’s Gas Giant Dulls a Key Tool of Putin’s Power
    (Bloomberg) -- Russian President Vladimir Putin overplayed his hand by trying to use Gazprom PJSC to bring Europe to its knees, and now his efforts to bolster the state-controlled gas giant are at the mercy of China.Most Read from BloombergIsrael Latest: Israel Vows to Wipe Out Hamas as Ground War LoomsApollo CEO Marc Rowan Demands UPenn Leaders Quit Over ‘Antisemitism’Wall Street Brushes Off Hot PPI as Stocks Advance: Markets WrapIMF Caught Off Guard as China Strikes Sri Lanka Debt DealHouse Re  ( 36 min )
    Dow Jones Futures Rise: Market Rally At Key Levels As Inflation Data Looms; Novo Nordisk Soars
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    3 REITs With Analyst Price Targets Well Above Present Price
    Although stock market analysts are not infallible, many investors rely on their ratings and price targets when making decisions about stocks to purchase. This is especially observable on the day when an analyst's rating comes out, as share prices tend to rise or fall significantly from upgrades, downgrades or changes in price targets. Every so often a market will over-correct to an extreme, leaving the price of certain stocks well below recent analysts' price targets. This creates a favorable si  ( 35 min )
    Top CD Rates Today: 6.00% Leader Offers a Take-Your-Pick Term of 12 to 17 Months
    The best CD rates available nationwide are a 6.00% offer from Credit Human on a take-your-pick term of 12-17 months and 5.76% on a 6-month option from TotalDirectBank.  ( 19 min )
    Exxon buying Pioneer will trigger $71 million in executive windfalls
    Senior management at Pioneer Natural Resources will likely be out of a job once the company's $60 billion sale to Exxon Mobil is completed, but the top brass will walk away with bumper payouts which were sweetened further earlier this year. The top five executives at the U.S. shale operator are set to share $71 million in severance payouts, with Chief Executive Scott Sheffield on track to receive around $29 million, a review of regulatory filings and Reuters calculations show. The award to Sheffield, who helped found the shale producer over two decades ago and was slated to retire at the end of 2023, represents a sum worth three times his base salary as well as all his pending equity awards for performance.  ( 33 min )
    The stock market will rally into year-end on a wave of dovish Fed comments, Fundstrat says
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    The last time US stocks were this pricey relative to the debt market, the S&P 500 crashed 50%
    US stocks are near their most expensive levels in over two decades, relative to the debt market. The last time stocks were this pricey was during the dot-com boom - and that was followed by a 50% crash in the S&P 500.  ( 32 min )
    UPDATE 1-Microsoft says US has asked for $28.9 bln in audit dispute
    Microsoft said on Wednesday the U.S. Internal Revenue Service (IRS) in September notified the company that it is seeking an additional tax payment of $28.9 billion, plus penalties and interest for tax years from 2004 to 2013. Microsoft said the IRS notices relate to an ongoing dispute between the company and the U.S. tax authority, which is auditing how Microsoft allocated its profits among different countries and jurisdictions. The Redmond, Washington-based company said it has since changed its practices so that "issues raised by the IRS are relevant to the past but not to our current practices," according to a Microsoft blog.  ( 32 min )
    Delta Earnings Will Be About Fuel Costs and Demand. Expect Ozempic Talk, Too.
    Delta Air Lines is expected to report earnings of $1.95 a share for the third quarter, up from $1.51 a year ago.  ( 18 min )
    Donald Trump’s financial statements were key to getting loans, ex-bank official tells fraud trial
    Donald Trump obtained hundreds of millions of dollars in loans using financial statements that a court has since deemed fraudulent, a retired bank official testified Wednesday at the former president’s New York civil fraud trial. Trump’s statements of financial condition were key to his approval for a $125 million loan in 2011 for his Doral, Florida, golf resort and a $107 million loan in 2012 for his Chicago hotel and condo skyscraper, former Deutsche Bank risk management officer Nicholas Haigh testified. A judge last month ruled that Trump and his company, the Trump Organization, committed years of fraud by exaggerating the value of Trump’s assets and net worth on the financial statements he gave to banks, insurers and others to make deals and secure loans.  ( 33 min )
    Amgen Stock Surges To 10-Month High, Up 5% On An Unexpected Upgrade
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    Stocks rise as all eyes turn to inflation data: Stock market news today
    Wall Street is looking ahead to consumer inflation data on Thursday for more insight into the Fed's next move.  ( 45 min )
    Nutanix Rally Keeps On Going As CEO Targets Rival VMware
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    Emails show how Bankman-Fried toyed with Paradigm VCs, who had misgivings but gave him nearly $300 million anyway
    Emails surfaced in Sam Bankman-Fried's trial that show how he pressured Paradigm to make a huge investment despite concerns over FTX governance.  ( 32 min )
    The Fed May Be Done. This Is What It Means For The 10-Year Treasury Yield And S&P 500.
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    ‘I Was Terrified.’ Ellison Found Out About Large Customer Withdrawals in Signal Chat
    Caroline Ellison described a Signal group chat between her, FTX founder Sam Bankman-Fried and FTX’s former director of engineering Nishad Singh days before FTX’s collapse. At the time, Singh noted that customer withdrawals were picking up after Alameda’s balance sheet was leaked to crypto news site  ( 22 min )
    Stocks waver after inflation data surprise, Fed minutes: Stock market news today
    After the PPI update suggests inflationary pressures persist, the focus is on Federal Reserve minutes for insight into whether the era of hikes is over.  ( 42 min )
    OPEC’s Greatest Opponent Is Disappearing, Shale CEO Warns
    (Bloomberg) -- The independent shale drillers that undermined OPEC’s decades-long grip on global oil markets soon will be a thing of the past as international giants swallow them up, according to one of the industry’s founding members.Most Read from BloombergIsrael Latest: Netanyahu Talks to Biden, ‘False Alarm’ in NorthIsrael Latest: Israeli Death Toll in Hamas Attack Reaches 1,200Israel Forms Emergency Government for War Against HamasStocks Waver on Fed Minutes as Traders Await CPI: Markets Wr  ( 33 min )
    DraftKings Stock Flirts With New Buy Signal After 167% Rally On Sports Betting Boom
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    Biden borrowing binge driving ‘unsustainable’ rise in global debts, warns IMF
    Joe Biden’s borrowing binge has put global debt on an unsustainable path, the International Monetary Fund has warned.  ( 32 min )
    These Are The 5 Best Stocks To Buy And Watch Now
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    Birkenstock opens at $41 a share in IPO debut, nearly 11% below its initial price
    Birkenstock on Wednesday stepped into the public market.  ( 33 min )
    ChargePoint Stock Plunges on Capital Raise. It Makes Sense.
    EV-charging company ChargePoint sells shares and raises about $232 million in the process. The stock reaction looks about right so far.  ( 21 min )
    Analyst Report: Teva Phar Inds Lt
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    Market Update: TEVA
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    The UAW's 'record contract' hinges on pensions, battery plants
    After nearly four weeks of disruptive strikes and hard bargaining, the United Auto Workers and the Detroit Three automakers have edged closer to a deal that could offer record-setting wage gains for nearly 150,000 U.S. workers. General Motors, Ford Motor and Chrysler parent Stellantis have all agreed to raise base wages by between 20% and 23% over a four-year deal, according to union and company statements. Ford and Stellantis have agreed to reinstate cost-of-living adjustments, or COLA.  ( 34 min )
    Eli Lilly Sparks As Rival Novo Says Diabetes Drug Could Treat Kidney Disease — But Is Lilly Stock A Buy?
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    Meta and Alphabet Stocks Are Soaring, Leaving Apple in Their Dust
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    Is Pfizer Stock A Buy After The FDA Approved Its Updated Covid Shot?
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    Stocks waver after wholesale inflation data surprises: Stock market news today
    After the PPI update suggests inflationary pressures persist, the focus is on Federal Reserve minutes for insight into whether the era of hikes is over.  ( 38 min )
    30-Year Mortgage Rates Sink in Biggest One-Day Drop Since 2022
    Rates on 30-year mortgages plunged a third of a percentage point, for the biggest one-day drop since 2022. Rates sank by double-digit basis points for almost every loan type.  ( 19 min )
    Used Car and Airline Prices Signal Inflation Is Here to Stay
    (Bloomberg) -- The rapid descent of US inflation over the last few months is likely too good to last.Most Read from BloombergIsrael Latest: Sirens Sound in North, Israel Forms War CabinetIsrael Latest: Israeli Death Toll in Hamas Attack Reaches 1,200Hamas Got Around Israel’s Surveillance Prowess by Going DarkIsrael Forms Emergency Government for War Against HamasIMF Caught Off Guard as China Strikes Sri Lanka Debt DealNew upside risks in categories that have played an outsize role in the recent  ( 34 min )
    Plug Power Boosts Outlook. The Stock Gets a Lift, Too.
    The hydrogen technology company Plug Power raised its guidance before a shareholders' symposium. Wall Street likes the new numbers.  ( 16 min )
    Exclusive-NCR in talks to merge ATM business with Brink's -sources
    NCR Corp is in advanced discussions to merge its automatic teller (ATM) business with cash management firm Brink's Co, creating a combined company worth close to $12 billion, including debt, people familiar with the matter said. The deal, structured as a reverse morris trust, would allow NCR to merge the ATM business at a $5.5 billion valuation, or the equivalent of seven times 2024 earnings EBITDA (earnings before interest, taxes, depreciation and amortization), with Brink's and give a large chunk of the combined company to NCR shareholders tax free, the sources said. Brink's, which is valued at about $6.2 billion including debt, moves cash around the world for its clients and provides ATM services among other things.  ( 32 min )
    Surge in obesity drugs like Ozempic has pummeled big food stocks. Is it time to eat them up?
    Time to check in on the other side of the food trade after a violent sell-off.  ( 36 min )
    Ozempic Kidney Trial Sinks Dialysis Stocks
    The weight-loss revolution is shaking another industry. Kidney-dialysis stocks sank Wednesday after Novo Nordisk (NVO), (DK: NOVO.B) said a trial showed its blockbuster diabetes drug Ozempi  ( 22 min )
    Ask an Advisor: I Want to Roll Over My Money to a Roth IRA. How Do I Avoid Paying Taxes?
    If I have a tax-deferred 401(k). Can I convert it to a Roth IRA without paying the deferred taxes when I roll it over? -Tommy Generally, the answer here is no. There's typically no method to totally dodge taxes on … Continue reading → The post Ask an Advisor: I Want to Roll Over My Money to a Roth IRA. How Do I Avoid Paying Taxes? appeared first on SmartAsset Blog.  ( 33 min )
    This Is What Your Lifestyle Could Look Like if You Retire at 55 With $2.5 Million Bucks
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    ‘Mr. Bitcoin Is About to Go Down Big’: Jim Cramer Expects Lower Prices
    Cramer in 2021 said he sold most of his bitcoin holdings.  ( 32 min )
    More Money, More Problems? Ultra-Rich Americans Are Facings These Lifestyle Problems
    In decades past, millionaire status was well-known, and the subject of innumerable songs, TV shows, and movies. However, a million dollars is almost a modest sum by today’s standards, and an exclusive echelon known as ultra-high-net-worth individuals (UHNWIs) has wealth extending to the tens of millions. Yet, being a UHNWI entails more than just opulence. […] The post Lifestyle Trends and Problems Facing Ultra-High-Net-Worth Individuals appeared first on SmartReads by SmartAsset.  ( 35 min )
    ‘Load Up,’ Says Citigroup, About These 2 ‘Strong Buy’ Stocks
    As the final quarter of 2023 gets fully underway, analysts and investors alike are trying to divine just what is likely to happen in the next few months. There’s a growing feeling that, with September behind us, stock investors can look forward to better times – perhaps sooner rather than later. n some recent comments to CNBC, Scott Chronert, Citi U.S. equity strategist, gives several reasons why investors should load up on stocks now. First, Chronert points out that fears of a hard recession ha  ( 36 min )
    Bill Gates Hired Charlie Munger's Law Firm To Handle His $130 Billion Divorce Even Though He Was Not A Divorce Lawyer — Melinda Gates Used The Lawyer Who Represented Donald Trump's 2 Ex-Wives
    When Bill and Melinda Gates shared the news of their separation in April 2021, it caught many off guard. They had spent 27 years together, and their collective efforts in the tech and charity sectors made them prominent figures in global news. The situation was complicated by the absence of a prenuptial agreement, despite the couple's combined wealth estimated at $130 billion. Given the magnitude, the selection of their legal representation became a point of interest. Bill Gates once stood as th  ( 33 min )
    Ozempic Shows Promise Treating Kidney Failure in Blow to Dialysis Firms
    (Bloomberg) -- Novo Nordisk A/S said its diabetes drug Ozempic showed surprisingly early effectiveness in a kidney-failure study, sending shares of the world’s biggest dialysis providers tumbling.Most Read from BloombergIsrael Latest: Israeli Death Toll in Hamas Attack Reaches 1,200Hamas Got Around Israel’s Surveillance Prowess by Going DarkIsrael Latest: Top US General Warns Iran to Stay Out of ConflictAfghanistan’s Viral Supercar Makes Global Debut at Doha ShowIsrael Latest: Hezbollah, Israel  ( 34 min )
    4 Chip Stocks to Consider for Earnings Season. Yes, Nvidia Is One.
    Nvidia stock is one of Oppenheimer's top four AI chip picks heading into earnings season.  ( 17 min )
    Exxon's Stock Drops After It Strikes $60 Billion Deal for Pioneer
    Exxon Mobil struck a nearly $60 billion agreement to buy Pioneer Natural Resources in the largest oil-and-gas deal in two decades, tying the energy giant’s future to fossil fuels. Exxon stock dropped 4.5%  ( 22 min )
    4 Types of Non-Passive Income That Could Make You Serious Cash
    Non-passive income, also known as active or earned income, refers to the money that you earn through your active efforts, typically by trading your time and expertise for compensation. This is the inverse of passive income, which is earned with minimal effort or active involvement. However you earn your income, a financial advisor can help […] The post What Is Non-Passive Income? appeared first on SmartReads by SmartAsset.  ( 33 min )
    Chinese Bribes, Thai Prostitutes and an End to the Lies: Caroline Ellison’s Explosive Second Day of Testimony Against Sam Bankman-Fried
    Former Alameda Research CEO Caroline Ellison retook the stand on Wednesday after testifying that her former boss and boyfriend, Sam Bankman-Fried, had directed many of FTX’s now-public missteps.  ( 38 min )
    Amgen upgraded, Texas Instruments downgraded: Wall Street's top analyst calls
    Amgen upgraded, Texas Instruments downgraded: Wall Street's top analyst calls  ( 34 min )
    Nvidia Stock Can Gain 50% to $700. One Analyst Explains How.
    TD Cowen analysts raised their price target on Nvidia stock to $700 from $600. The chip maker's shares have already soared more than 200% so far this year.  ( 15 min )
    Pinched homebuyers turn to adjustable-rate mortgages to make the payment math work
    The volume of ARM applications jumped 15% last week from the previous one.  ( 34 min )
    Most companies have turned to skills-based hiring, but there’s a big problem: Workers are missing 3 key skills they’re looking for
    Three in four companies officially prefer skills to degrees.  ( 34 min )
    US producer prices increase in September on higher energy costs
    U.S. producer prices increased more than expected in September amid higher costs for energy products, but underlying inflation pressures at the factory gate continued to moderate. The producer price index for final demand rose 0.5% last month, the Labor Department said on Wednesday. Data for August was unrevised to show the PPI accelerating 0.7%.  ( 31 min )
    Exxon Mobil to Buy Pioneer in Biggest Oil Merger in Years
    Exxon will pay $59.5 billion, all in stock, for Pioneer Natural Resources. It’s Exxon’s biggest acquisition since its merger with Mobil in 1999.  ( 17 min )
    Wholesale inflation in US rises 2.2% in September, biggest year-over-year gain since April
    U.S. wholesale prices rose last month at the fastest pace since April, suggesting that inflationary pressures remain despite a year and a half of higher interest rates. The Labor Department reported Wednesday that its producer price index — which measures inflation before it hits consumers — climbed 2.2% from a year earlier. Excluding volatile food and energy prices, so-called core inflation rose 2.7% in September from a year earlier and 0.3% from August.  ( 32 min )
    Dow Jones Futures Rise After Hot Inflation Data, Fed Minutes Next; Nvidia Rallies On Price-Target Hike
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    9 'Unstoppable' Stocks Deliver Big Gains And No Pain To Investors
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    Silk Road Medical Stock Sinks. Here’s Why Citi Says Sell.
    Two pieces of news are weighing on shares of medical devices company Silk Road Medical.  ( 14 min )
    Exxon to Buy Pioneer in $60 Billion Deal to Create Shale Giant
    The deal is Exxon’s largest since its merger with Mobil in the late 1990s and is the biggest corporate transaction so far this year.  ( 28 min )
    Bankman-Fried Knew of Alameda Risks, Ex-Girlfriend Testifies
    (Bloomberg) -- Jurors in the fraud trial of FTX co-founder Sam Bankman-Fried heard his ex-girlfriend Caroline Ellison explain how he allegedly arranged for billions of dollars in customer funds to back risky investments that led to the collapse of the cryptocurrency exchange.Most Read from BloombergIsrael Latest: Israeli Death Toll in Hamas Attack Reaches 1,200Hamas Got Around Israel’s Surveillance Prowess by Going DarkIsrael Latest: Top US General Warns Iran to Stay Out of ConflictAfghanistan’s  ( 35 min )
    Exxon Buys Shale Driller Pioneer. Why Drilling at Home Looks Smart.
    Exxon will pay $59.5 billion, all in stock. It’s Exxon’s biggest acquisition since its merger with Mobil in 1999.  ( 16 min )
    Stocks rise after wholesale inflation data surprises: Stock market news today
    After the PPI update suggests inflationary pressures persist, the focus is on Federal Reserve minutes for insight into whether the era of hikes is over.  ( 36 min )
    Stocks open higher after wholesale inflation data surprises: Stock market news today
    After the PPI update suggests inflationary pressures persist, the focus is on Federal Reserve minutes for insight into whether the era of hikes is over.  ( 35 min )
    US futures step higher with Fed minutes on deck: Stock market news today
    Fresh inflation data and the release of Federal Reserve minutes should give insight into whether the era of hikes is over.  ( 34 min )
    Exxon to Buy Pioneer for $60 Billion to Dominate Shale Oil
    (Bloomberg) -- Exxon Mobil Corp. agreed to buy Pioneer Natural Resources Co. for $59.5 billion, the supermajor’s largest takeover in more than two decades, as it seeks to become the dominant producer of shale oil.Most Read from BloombergIsrael Latest: Israeli Death Toll in Hamas Attack Reaches 1,200Hamas Got Around Israel’s Surveillance Prowess by Going DarkIsrael Latest: Top US General Warns Iran to Stay Out of ConflictAfghanistan’s Viral Supercar Makes Global Debut at Doha ShowChina Mulls New  ( 34 min )
    Daily Spotlight: Argus's Favored Classes, Segments
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    Technical Assessment: Neutral in the Intermediate-Term
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    Market Digest: PEP
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    Exxon Mobil doubles down on fossil fuels with $59.5 billion deal for Pioneer Natural as prices surge
    Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a colossal fracking operator in West Texas. Pioneer shareholders will receive 2.3234 shares of Exxon Mobil for each Pioneer share they own. Exxon purchased XTO Energy in 2009 for approximately $36 billion.  ( 32 min )
    Bitcoin Is Fundamentally Different From Other Cryptocurrencies: Fidelity Digital Assets
    The crypto’s technological breakthrough was not as a superior payment method but as a superior form of money, the report said.  ( 32 min )
    Weight-Loss Drugs Have Finally Arrived. Why the Impact on Stocks Is Just Starting.
    Birkenstock set to begin trading after $1.5 billion IPO, Fed officials double down on the 2% inflation target, and other news to start your day.  ( 35 min )
    Daily – Vickers Top Insider Picks for 10/11/2023
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    Daily – Vickers Top Buyers & Sellers for 10/11/2023
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    Caroline Ellison describes "constant dread" over crypto downturn at Bankman-Fried trial
    Caroline Ellison, the former co-head of Sam Bankman-Fried's hedge fund and a pivotal witness in his trial on fraud charges tied to the collapse of his FTX cryptocurrency exchange, is scheduled to retake the stand on Wednesday morning. Ellison, the former co-chief executive of Alameda Research, testified on Tuesday that she was part of a multibillion-dollar conspiracy led by Bankman-Fried to defraud FTX customers, investors and lenders. She is one of three former members of Bankman-Fried's inner circle who have pleaded guilty to fraud charges and agreed to cooperate with the Manhattan U.S. Attorney's office.  ( 32 min )
    Shares of dialysis providers drop after Ozempic's early kidney trial success
    Frankfurt-listed shares of Fresenius fell 12.03% to 24.35 euros ($25.83) in normal trading hours and Davita fell 17.3% to $75.51 in premarket hours. The early stop of the study could be negative for Fresenius as GLP-1 drugs like Ozempic could "potentially negatively impact" the size of the relevant patient population over time, Citi analyst Veronika Dubajova said in a note.  ( 32 min )
    Stocks to Watch Wednesday: LVMH, Birkenstock, Novo Nordisk
    🔎 Birkenstock (BIRK): The trendy shoe brand is set to start trading on the New York Stock Exchange today, in another test for the shaky market for public listings. ↘️ [**  ( 23 min )
    These Stocks Are Moving the Most Today: HP Inc., Silk Road Medical, Walgreens, Fresenius Medical Care, Shoals, Birkenstock, and More
    HP Inc. is increasing its annual dividend by 5%, Silk Road Medical reduces full-year revenue guidance, and Birkenstock makes its trading debut Wednesday.  ( 20 min )
    Samsung Reports 78% Drop in Profit. Why It Could Be Good News for Micron and Intel.
    Micron and Intel stocks could benefit from signs of a chip recovery, as Samsung's profit dropped but it showed some improvement form previous quarters.  ( 17 min )
    High UAW Wages Shrink Detroit’s Room to Maneuver
    Expensive labor leaves General Motors and Ford overdependent on American demand for big vehicles.  ( 29 min )
    SBF started a $2 billion venture fund using Alameda loans
    By the time Bankman-Fried posted that tweet, Alameda had already made certain venture investments, but the executive wanted to up the ante significantly. In the "summer or fall of 2021," Bankman-Fried sent Ellison a potential bad scenario situation for FTX and Alameda, detailing a world in which the crypto market was down, Alameda's investments plunged and the company becomes worthless.  ( 32 min )
    Why Gasoline Prices Could Fall for Months
    Despite war in the Middle East, economic factors in fuel markets make it likely prices will keep dropping through the end of the year.  ( 21 min )
    AMC and 12 Other Stocks That Wall Street Absolutely Doesn’t Recommend
    Barron's looked for Russell 1000 companies that didn't have a single Buy recommendation. AMC was among those in the list.  ( 22 min )
    Pharmacy Giant Walgreens to Name Tim Wentworth as New CEO
    The incoming chief executive had run pharmacy-benefit manager Express Scripts.  ( 29 min )
    US pharmacy chain Walgreens names Tim Wentworth as CEO
    U.S. pharmacy chain operator Walgreens Boots Alliance will name Tim Wentworth as its new chief executive, the Wall Street Journal reported on Tuesday. Last month, Rosalind Brewer had abruptly stepped down from the position after less than three years at the top job. Brewer's departure was part of a mutually agreed decision, Walgreens had said, without providing further details, after a tenure that saw Walgreens' share price nearly halve in value as the company tried to broaden its reach as a healthcare provider.  ( 32 min )
    Exxon Mobil Could Seal Huge Permian Shale Deal As Soon As Wednesday
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    Stocks are bottoming and the market is approaching the perfect buying opportunity for investors, Fundstrat says
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    Exxon in Talks to Pay More Than $250 a Share for Pioneer
    (Bloomberg) -- Exxon Mobil Corp. is in talks to pay more than $250 a share for Pioneer Natural Resources Co., according to a person familiar with the matter. Most Read from BloombergIsrael Latest: US Wants Qatar to Be an Intermediary With HamasIsrael Latest: Top US General Warns Iran to Stay Out of ConflictHamas Got Around Israel’s Surveillance Prowess by Going DarkAfghanistan’s Viral Supercar Makes Global Debut at Doha ShowSchumer Confronts Xi on Israel-Hamas Stance in Rare MeetingAn all-stock  ( 32 min )
    Oil falls after Saudi pledge; investors keep wary eye on Israel
    LONDON (Reuters) -Oil prices edged lower on Wednesday, as fears of disruption to supplies due to conflict in the Middle East receded, at least for the time being. Brent crude fell 49 cents, or 0.56%, to $87.16 a barrel by 1002 GMT. Brent and WTI had surged more than $3.50 on Monday on concern the military clashes between Israel and Palestinian Islamist group Hamas could escalate into a broader conflict, but settled slightly lower in Tuesday's session.  ( 32 min )
    Inflation could come roaring back 1970s-style. Here are 4 reasons why markets should be concerned, according to Deutsche Bank.
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  • Open

    Top CD Rates Today: 6.00% Leader Offers a Take-Your-Pick Term of 12 to 17 Months
    The best CD rates available nationwide are a 6.00% offer from Credit Human on a take-your-pick term of 12-17 months and 5.76% on a 6-month option from TotalDirectBank.  ( 19 min )
    Bitcoin Mining
    Breaking down everything you need to know about Bitcoin mining, from blockchain and block rewards to proof of work and mining pools.  ( 30 min )
    Today's Best High-Yield Savings Account Now Pays Even More
    High-yield savings accounts have already been paying their highest rates in 20 years. But today's new record rate means you can now earn earn even more.  ( 19 min )
    Ford, GM, Stellantis Lay Off 5,000 Workers; UAW 'Stand-Up Strike' May Be Minimizing Damage
    Ford, GM, and Stellantis have laid off a total of nearly 5,000 workers as the UAW strikes against the Big Three.  ( 18 min )
    Birkenstock Shares Sink Over 12% in First Day of Trading
    Shares of German sandal maker Birkenstock sank over 12% on the company's first day of trading amid tepid demand for newly listed companies.  ( 17 min )
    State Farm CD Rates: September 2023
    CDs can be a great way to get a fixed guaranteed return on your investment. See if State Farm’s CDs—offered through U.S. Bank—make sense for you and your money.  ( 25 min )
    More People Applying for Adjustable Rate Mortgages in Unaffordable Market
    Adjustable rate mortgage (ARM) usage fell after the subprime crisis in 2007 but is surging again due to high mortgage rates.  ( 17 min )
    S&P 500 Gains and Losses Today: Index Moves Higher Ahead of Key Inflation Data
    The S&P 500 added 0.4% on Wednesday, Oct. 11, 2023, ahead of key consumer price data and with indications that the Fed may be cautious about hiking interest rates.  ( 16 min )
    Wells Fargo CD Rates: October 2023
    Wells Fargo CD rates are tiered for most of their terms and require a relatively high minimum deposit. Here's what to know before you open a CD with the bank.  ( 20 min )
    USAA CD Rates: October 2023
    USAA Bank offers many competitive CD options that consumers can choose from to fit their financial goals. Find out if USAA Bank CDs are right for you.  ( 20 min )
    Truist CD Rates: October 2023
    Considering a new certificate of deposit (CD) account? Learn more about Truist Bank’s CD, its terms, rates, account features, and early withdrawal penalties.  ( 20 min )
    TD Bank CD Rates: October 2023
    Looking for the latest TD Bank CD rates? Our guide covers the current rates, term lengths, and minimum deposit requirements, helping you make an informed decision.  ( 21 min )
    Synchrony Bank CD Rates: October 2023
    If you want to put some money away for savings, Synchrony Bank’s CD accounts have some of the most competitive rates on the market. See if Synchrony’s CD is the right fit for you.  ( 22 min )
    What Is Litecoin (LTC)? How It Works, History, Trends and Future
    Launched in the year 2011, Litecoin (LTC) is an alternative cryptocurrency based on the model of Bitcoin.  ( 25 min )
    Stellantis, Samsung SDI Agree To Build Second Battery Plant in Indiana
    Stellantis and Samsung SDI will spend $3.2 billion to build a second battery gigafactory in Indiana as part of their joint venture.  ( 17 min )
    Sallie Mae Bank CD Rates: October 2023
    You may know Sallie Mae as the bank that services your student loan, but it also offers other banking products, like CDs. Learn more about Sallie Mae’s CD rates.  ( 20 min )
    Using Quantitative Investment Strategies
    Quantitative Investment Strategies Employ Mathematical Models and Algorithms to Identify Investment Opportunities.  ( 31 min )
    Accumulated Depreciation: Everything You Need To Know
    Accumulated depreciation is the cumulative depreciation of an asset up to a single point in its life.  ( 28 min )
    OECD Releases Digital Tax Reform Framework That Could Impact U.S. Tech Companies
    The Organization for Economic Co-Operation and Development proposed an international tax framework that, if ratified, would reallocate taxing rights to market jurisdictions.  ( 20 min )
    First Republic Bank CD Rates: October 2023
    First Republic Bank’s CD rates are relatively high, but they have a high minimum balance requirement as well. Learn more and see if First Republic is right for you.  ( 21 min )
    What Was Private Unemployment Insurance?
    Your state only provides so much assistance should you lose your job. For people who bought a policy in the past, private unemployment insurance offers additional coverage.  ( 24 min )
    Edward Jones CD Rates in 2023
    Certificates of deposit (CDs) can be a great, conservative way to invest your money. Edward Jones is worth considering for its competitive CD rates at a variety of term lengths.  ( 22 min )
    New Year's Planning for Business Owners
    Start your the new year off right with some in-depth planning. Look at your digital footprint, vendors, equipment, employees, insurance, and retirement plan.  ( 24 min )
    Citizens Bank CD Rates: October 2023
    Citizens Bank offers a 14-month certificate of deposit (CD) account with a decent APY. Learn more about its features and how to open a new account.  ( 19 min )
    GM's Deal With Canadian Auto Workers Could Set Tone for Talks With Stellantis
    General Motors reached a tentative deal with Canadian autoworker union Unifor, which could add pressure to the union's negotiatiations with Stellantis.  ( 17 min )
    Surprised By 'Junk' Fees On Bills? They May Go Away Soon
    A proposed federal rule would ban companies from charging fees not included in advertised prices.  ( 19 min )
    CIT Bank CD Rates October 2023
    A certificate of deposit (CD) can be a great way to secure your savings and grow your finances. Learn what CIT Bank CD Rates are and how you can benefit.  ( 21 min )
    Chase CD Rates: October 2023
    Learn about Chase Bank's CD rates and how they compare to the competition. Make informed decisions and see if you can maximize your returns with Chase Bank's CD options.  ( 20 min )
    Consumer Surplus vs. Economic Surplus: What's the Difference?
    Learn the difference between consumer surplus and economic surplus, how the concepts are related, and the important theoretical and economic implications of both.  ( 24 min )
    Quantitative Analysis (QA): What It Is and How It's Used in Finance
    Quantitative analysis (QA) seeks to understand behavior by using mathematical and statistical modeling, measurement, and research.  ( 31 min )
    Capital One CD Rates: October 2023
    Capital One offers a solid certificate of deposit (CD) account, with a variety of term lengths, good rates, and no minimum deposit required.  ( 20 min )
    Barclays Bank CD Rates: October 2023
    Barclays doesn’t offer many CD options, but it does offer competitive rates for certain terms. See Barclays’ CD rates, terms, and features to see if it’s the right fit for your savings.  ( 20 min )
    Vanguard CD Rates: October 2023
    Vanguard offers brokered CDs through various banks with competitive rates and a wide range of terms. Learn all the details here.  ( 20 min )
    How to Reduce Student Loan Payments
    Student loan forgiveness measures were struck down by the Supreme Court in June 2023.  ( 24 min )
    Third Federal CD Rates: October 2023
    A certificate of deposit is a good way to save money, especially when interest rates are high or rising. Learn about Third Federal Savings & Loan’s CD rates, term lengths, and more.  ( 21 min )
    How Long Has the U.S. Run Fiscal Deficits?
    Read about the history of deficit spending in the United States, dating back to 1789, and learn how Alexander Hamilton addressed budget shortfalls.  ( 24 min )
    Understanding Liquidity Risk in Banks and Business, With Examples
    Liquidity risk refers to the marketability of an investment and whether it can be bought or sold quickly enough to meet debt obligations and prevent or minimize a loss.  ( 30 min )
    Markets Rise at Midday as Bond Yields Fall Ahead of Fed Meeting Minutes
    U.S. equites rose at midday on Wednesday, Oct. 11, 2023, as bond yields extended their decline and ahead of the release of minutes from the latest Fed meeting.  ( 18 min )
    Klarna Launches AI-Powered Image Recognition Tool
    Swedish fintech company Klarna released a new AI-powered image recognition tool Wednesday to improve users' shopping experience, taking on similar products from big tech companies like Google and Amazon.  ( 18 min )
    Global Coal Industry Could Lose Almost a Million Jobs by 2050
    The global coal industry could shed almost a million jobs between now and 2050, as existing mines around the world shutter while cheaper wind and solar power become more readily available.  ( 18 min )
    What Is Carbon Accounting?
    Carbon accounting, also known as greenhouse gas accounting, is a way for companies to quantify the amount of greenhouse gases (GHGs) they produce. It is similar to financial accounting, but instead of financial results, it measures a company's climate impact.  ( 25 min )
    Ozempic Study Shakes Up Market for Kidney and Insulin Treatments
    An Ozempic study for the treatment of chronic kidney disease was halted early after showing early signs of success, sending Novo Nordisk ADRs higher and shares of dialysis machine and insulin pump makers lower.  ( 17 min )
    How to Apply for a Small Business Grant
    Small business grants are available from the federal government, state and local governments, and other sources. Here are the keys to a successful application.  ( 25 min )
    A Comprehensive Guide to Establishing Business Credit
    Building business credit can make it easier to qualify for loans, but it's important to know how to establish a good business credit score.  ( 25 min )
    How to Start Your Own Bookkeeping Business: Essential Tips
    Starting a bookkeeping business requires some legal and financial know-how to help ensure your odds of success.  ( 24 min )
    30-Year Mortgage Rates Sink in Biggest One-Day Drop Since 2022
    Rates on 30-year mortgages plunged a third of a percentage point, for the biggest one-day drop since 2022. Rates sank by double-digit basis points for almost every loan type.  ( 19 min )
    Straight Line Basis Calculation Explained, With Example
    Straight line basis is the simplest method of calculating depreciation and amortization, the process of expensing an asset over a specific period.  ( 23 min )
    Homes Are So Unaffordable, 8% Mortgage Rates Wouldn’t Make Much Difference
    Mortgage rates, which surged to two-decade highs last week, have hurt housing affordability so much that a jump to 8% wouldn’t make things significantly worse, according to a Zillow economist.  ( 18 min )
    Bread Savings CD Rates: October 2023
    Check out the current Bread Savings CD rates and see how they compare to the competition. Maximize your savings with flexible and secure CD investments at Bread.  ( 20 min )
    BMO Bank CD Rates: October 2023
    BMO offers a relatively basic CD with special rates for certain terms. Learn about BMO's current CD rates and features to make an informed decision and grow your savings.  ( 21 min )
    HP Shares Advance After Reporting Solid 2024 Earnings Guidance and a Dividend Increase
    HP shares rose after announcing its 2024 earnings guidance in line with estimates and a 5% dividend increase.  ( 17 min )
    Israel-Hamas Conflict Could Have Limited Impact on Oil Prices
    Crude oil prices jumped more than 4% Sunday as a new conflict broke out between Israel and Hamas, but the fighting is unlikely to have a significant impact on prices.  ( 18 min )
    Apple Bank CD Rates: October 2023
    Apple Bank offers a variety of CDs with rates that beat the national average, but fall short of the leading issuers. Learn more about Apple Bank’s certificates of deposit.  ( 21 min )
    How Can Industrialization Affect National Economies of Less Developed Countries (LDCs)?
    Read about how industrialization impacts economic growth in less developed countries (LDCs), using Hong Kong and Great Britain as examples.  ( 27 min )
    MonaCoin (MONA): What it Means, How it Works
    MonaCoin (MONA) is a digital currency predominantly used in Japan. Holders can use their MONA for tipping and payments. Learn more about MonaCoin.  ( 24 min )
    Rising Rates Turn From Friend to Foe for U.S. Banks
    Rising interest rates boosted net interest income for U.S. banks in recent quarters. But the industry's third-quarter earnings reports likely will show the mounting negative impacts of higher rates.  ( 20 min )
    ExxonMobil Buys Pioneer Natural Resources for Nearly $60 Billion
    ExxonMobil agreed to buy shale driller Pioneer in an all-stock deal worth $59.5 billion, allowing the company greater access to the coveted Permian Basin region.  ( 17 min )
    What Is the Difference Between Risk Tolerance and Risk Capacity?
    Risk tolerance is an individual's emotional ability to tolerate risk such as declines in one's portfolios, while risk capacity is an objective standard determined by concrete financial circumstances and obligations.  ( 30 min )
    Uncovered Interest Rate Parity (UIP): Definition and Calculation
    Uncovered interest rate parity (UIP) is a theory that the difference in two countries' interest rates is equal to the expected changes between their currency exchange rates.  ( 25 min )
    Hispanic American–Owned Banks by State
    America’s second-largest group of minority depository institutions (MDIs) offers a potential solution for underbanked Latinx customers.  ( 43 min )
    Wholesale Prices Rose Higher than Expected in September
    The Producer Price Index shows wholesale prices rose 0.5% in September, not as much of a drop from last month’s 0.7% increase that analysts were expecting, as gas prices helped push inflation higher.  ( 17 min )
    Micro Mining (Cryptocurrency): What it Means, How it Works
    Micromining is a lightweight mining activity in which a low-end hardware device performs the basic activity of transaction authentication.  ( 23 min )
    How War Affects the Modern Stock Market
    We take a look at investor attitudes to war and uncertainty as the Russian invasion of Ukraine plays out and the world remains on edge.  ( 26 min )
    What Is Bitcoin Halving? Definition, How It Works, Why It Matters
    Bitcoin halving explained. Find out about Bitcoin's halving process works and what it means for Bitcoin's price and its users.  ( 24 min )
    Ceteris Paribus vs. Mutatis Mutandis
    The Latin phrases "ceteris paribus" and "mutatis mutandis" are often used as economic shorthand.  ( 21 min )
    October Effect: Definition, Examples, Statistical Evidence
    The October effect is the theory that stocks tend to decline during the month of October. This supposed market anomaly, however, has little data to support it.  ( 25 min )
    Birkenstock Steps Into NYSE Today, Here's What To Expect From The IPO
    Shares of German sandal maker, Birkenstock, will make their debut under the 'BIRK' ticker on the New York Stock Exchange today.  ( 18 min )
    What ETFs Track the Metals and Mining Sector?
    Discover investment opportunities with ETFs that invest in precious and base metals such as gold, silver, platinum, copper and nickel.  ( 21 min )
    What Is Bitcoin? How to Mine, Buy, and Use It
    Bitcoin (BTC) is a digital or virtual currency created in 2009 that uses peer-to-peer technology to facilitate instant payments.  ( 29 min )
    How Do Cryptocurrency Exchange-Traded Funds (ETFs) Work?
    Cryptocurrency ETFs can provide a low cost of ownership for cryptocurrencies, but there are limitations to the types of funds you can access due to regulatory issues.  ( 24 min )
    What Does Ledger Balance Mean and How Does It Work?
    The ledger balance is computed by a bank at the end of each business day and includes all withdrawals and deposits to calculate the total amount of money in the bank account.  ( 23 min )
    5 Things to Know Before Markets Open
    Inflation is expected to tick lower in September and sandal maker Birkenstock is set to go public on the New York Stock Exchange later today. Here’s what investors need to know today.  ( 18 min )
    5 MBA Skills Employers Look For in Grads
    Find out the business skills employers look for in recent MBA grads and why certain soft skills are more valued than ones like finance and marketing.  ( 22 min )
    Qualified Charitable Organization: Meaning, Rules, FAQs
    A qualified charitable organization is a nonprofit organization that qualifies for tax-exempt status according to the U.S. Treasury.  ( 24 min )
  • Open

    Ford, GM, Stellantis Lay Off 5,000 Workers; UAW 'Stand-Up Strike' May Be Minimizing Damage
    Ford, GM, and Stellantis have laid off a total of nearly 5,000 workers as the UAW strikes against the Big Three.  ( 1 min )
    Stellantis, Samsung SDI Agree To Build Second Battery Plant in Indiana
    Stellantis and Samsung SDI will spend $3.2 billion to build a second battery gigafactory in Indiana as part of their joint venture.  ( 1 min )
    GM's Deal With Canadian Auto Workers Could Set Tone for Talks With Stellantis
    General Motors reached a tentative deal with Canadian autoworker union Unifor, which could add pressure to the union's negotiatiations with Stellantis.  ( 1 min )
    Ozempic Study Shakes Up Market for Kidney and Insulin Treatments
    An Ozempic study for the treatment of chronic kidney disease was halted early after showing early signs of success, sending Novo Nordisk ADRs higher and shares of dialysis machine and insulin pump makers lower.  ( 1 min )
    Klarna Launches AI-Powered Image Recognition Tool
    Swedish fintech company Klarna released a new AI-powered image recognition tool Wednesday to improve users' shopping experience, taking on similar products from big tech companies like Google and Amazon.  ( 1 min )
    ExxonMobil Buys Pioneer Natural Resources for Nearly $60 Billion
    ExxonMobil agreed to buy shale driller Pioneer in an all-stock deal worth $59.5 billion, allowing the company greater access to the coveted Permian Basin region.  ( 1 min )
    HP Shares Advance After Reporting Solid 2024 Earnings Guidance and a Dividend Increase
    HP shares rose after announcing its 2024 earnings guidance in line with estimates and a 5% dividend increase.  ( 1 min )
    Birkenstock Steps Into NYSE Today, Here's What To Expect From The IPO
    Shares of German sandal maker, Birkenstock, will make their debut under the 'BIRK' ticker on the New York Stock Exchange today.  ( 1 min )
  • Open

    S&P 500 Gains and Losses Today: Index Moves Higher Ahead of Key Inflation Data
    The S&P 500 added 0.4% on Wednesday, Oct. 11, 2023, ahead of key consumer price data and with indications that the Fed may be cautious about hiking interest rates.  ( 1 min )
    Markets Rise at Midday as Bond Yields Fall Ahead of Fed Meeting Minutes
    U.S. equites rose at midday on Wednesday, Oct. 11, 2023, as bond yields extended their decline and ahead of the release of minutes from the latest Fed meeting.  ( 1 min )
    Global Coal Industry Could Lose Almost a Million Jobs by 2050
    The global coal industry could shed almost a million jobs between now and 2050, as existing mines around the world shutter while cheaper wind and solar power become more readily available.  ( 1 min )
    Israel-Hamas Conflict Could Have Limited Impact on Oil Prices
    Crude oil prices jumped more than 4% Sunday as a new conflict broke out between Israel and Hamas, but the fighting is unlikely to have a significant impact on prices.  ( 1 min )
    Dow Jones Today: Stock Futures Rise, Yields Fall Ahead of More Inflation Data
    U.S. stock futures rose in premarket trading Wednesday ahead of new wholesale inflation data and as the retreat to safe havens amid strife in the Middle East continued to push bond yields down.  ( 1 min )
    5 Things to Know Before Markets Open
    Inflation is expected to tick lower in September and sandal maker Birkenstock is set to go public on the New York Stock Exchange later today. Here’s what investors need to know today.  ( 1 min )
  • Open

    NU+ | Zorgen om studieschuld door vervijfvoudiging rente: 'Krijg geen hypotheek'
    Dit jaar is de doorsnee studieschuld met meer dan 4 procent gestegen, naar zo'n 17.100 euro. Daar komt bij dat de rente per 2024 gaat vervijfvoudigen: van 0,46 naar 2,56 procent. Dat leidt tot bezorgdheid. Op ons reactieplatform NUjij vertelden lezers over hun studieschuld en zorgen daarover.  ( 10 min )
    Stockholm weert benzine- en dieselauto's vanaf 2025 uit centrum
    Stockholm is de eerste grote hoofdstad die benzine- en dieselauto's uit het centrum weert. De Zweedse hoofdstad wil zo vervuiling en lawaai terugdringen. Vanaf 2025 mogen alleen elektrische auto's nog de binnenstad in.  ( 8 min )
    Alweer oordeelt rechter dat Volkswagen schadeclaim moet betalen voor gesjoemel
    Volkswagen moet een Nederlandse koper van een zogenoemde sjoemeldiesel 4.400 euro schadevergoeding betalen. De Consumentenbond roept de Duitse automaker op om over een schikking voor de duizenden andere gedupeerden te praten.  ( 9 min )
    Gaspijplijn tussen Finland en Estland is zeker vijf maanden onbruikbaar
    Het duurt minstens vijf maanden om het lek in de kapotte onderzeese gaspijplijn tussen Finland en Estland te repareren. De gastoevoer komt op zijn vroegst weer op gang in april, laten de beheerders van de Finse en Estse gassystemen weten.  ( 9 min )
    Verzekeraar ASR schrapt 260 banen na overname van Aegon
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    Succesjaren zijn voorbij voor eigenaar Louis Vuitton en Moët & Chandon
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  • Open

    Business Development: Definition, Strategies, Steps & Skills
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    Correlation Coefficients: Positive, Negative, and Zero
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    What Is an Acquisition? Definition, Meaning, Types, and Examples
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    How to Avoid Student Loan Scams
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    What Is Turnover in Business, and Why Is It Important?
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    Fed Survey Shows US Consumers Expect Higher Inflation in the Near and Medium Term
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    Microsoft and Alphabet's Google Introduce New AI Initiatives for the Health Care Industry
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    Managerial Accounting Meaning, Pillars, and Types
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    Facing our Fears in Money and Life
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    AMD To Acquire Nod.AI, Boosting Its Open-Source AI Software Capabilities
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    IMF Projects Likely Soft Landing for 'Stable and Slow' Global Economy
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    Inflation and Hiring Difficulties Send Small Business Owner Optimism Lower
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    30-Year Mortgage Rates Spike to Another Record High
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    Citibank CD Rates: October 2023
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    PepsiCo Beats Profit and Sales Estimates and Boosts Its Outlook on Higher Prices
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  • Open

    ‘There’s Good Value in the Market Now’: J.P. Morgan Suggests 2 Stocks With up to 80% Upside Potential
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    Dow Jones Futures: Market Rally Hits Resistance; Tesla, Nvidia Lead New Buys
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    Two Highflying Tech Stocks, After Already Tripling This Year, Just Cleared New Buy Points On Artificial Intelligence Hype
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    Google’s Pichai Decried Bad ‘Optics’ of Search Engine Deal With Apple
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    Warren Buffett and Charlie Munger's deputy just revealed how he wowed the investing icons and landed his dream job
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    WW Stock Soars To High. New Weight-Loss Drug Play Enjoys Oprah Winfrey Effect.
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    Ellison Detailed Alameda's Shaky Finances
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    Buying a New Tesla? How You Could Save $15,000.
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    Sales Slow at Louis Vuitton’s Owner as China Sputters
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    LVMH’s Sales Fall Short of Forecasts. Luxury Demand Is Slowing.
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    Ellison Worried About Alameda’s Line of Credit With FTX Showing Up in Audit
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    Fed Rate-Hike Odds Dive Ahead Of CPI Inflation Data; 10-Year Treasury Yield Falls
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    Elite investor Jim Rogers rings the alarm on US debt and dollar dominance - and warns of bubbles in stocks and real estate
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    Boeing MAX Production Misses Estimates. So Why Is the Stock Up?
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    Stocks Have Ample Reasons to Fall. Why They’re Taking Off Instead.
    Stocks are rising despite war in the Middle East, confounding economic data, and a House of Representatives without a speaker.  ( 23 min )
    Fed, Rising Energy Costs Pressure Stocks
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    You Could Save $15,000 on a New Tesla. EV Tax Credits Are How.
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    Groupon Stock Plunges as Valuation of Stake in SumUp Falls by Half
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    BlackRock warns the worst US bond rout in history is far from over
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    Bonds aren't 'out of the woods yet' — and that could mean trouble for stocks
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    30-Year Mortgage Rates Spike to Another Record High
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    Truist Stock Pops on Reported Insurance Business Sale. Why It’s Still a Buy.
    Truist stock was getting a lift from the reports, which hint at the business simplification that is central to the bull case.  ( 18 min )
    Market Update: HD
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    Real estate groups implore the Fed to stop rate hikes as housing activity deteriorates
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    Sam Bankman-Fried’s ex-girlfriend to testify as star prosecution witness
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    Tech Giant NVIDIA Embraced Remote Work. It's Worth $1 Trillion.
    Silicon Valley tech darling NVIDIA, a chip and graphics hardware manufacturer whose products power much of the artificial intelligence boom, named the latest addition to its $902 million headquarters Voyager, in reference to a “Star Trek” spaceship. As one of the world’s biggest tech companies, this decision to embrace — not just allow, but fully institute — the flexibility of remote work while maintaining top-tier offices for collaboration and meetings “creates a pretty meaningful talent advantage,” argues Rob Sadow, CEO and co-founder of Scoop Technologies, which sells an app focused on hybrid office productivity (and which does not work with NVIDIA). It also sets a standard, despite pandemic-era pullbacks and property sales, since tech still represents a significant portion of overall office leasing.  ( 37 min )
    FTX Employees Found Alameda’s Secret Backdoor Months Before Collapse
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    EV Buyers Can Get Instant $7,500 Tax Credit Starting in 2024
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    Stocks climb amid hopes Fed is done with hikes: Stock market news today
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    Cathie Wood Pours Millions Into These 2 Stocks, Analysts Say They Have Strong Upside Potential — Here’s Why You Should Pay Attention
    Cathie Wood’s investing philosophy is based on unwavering conviction in a portfolio heavily favoring high-growth names with disruptive qualities. But against an economic backdrop of soaring inflation and high interest rates, that strategy wilted during 2021 and 2022. However, Wood’s Ark Invest’s flagship ARKK fund appears to have got its mojo back this year, and looking ahead to the post-high rate landscape, that is something Wood expects will continue. “The fear of rising interest rates hurt ou  ( 35 min )
    Stocks open higher amid hopes Fed is done with hikes: Stock market news today
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    Rivian upgraded, Qorvo downgraded: Wall Street's top analyst calls
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    Why Akero Therapeutics Lost More Than Half Its Value, And Dragged Down 89bio
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    Rivian Stock Rises on Upgrade. Sometimes the Market Gives You a Gift.
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    Nvidia and Marvell Are Still Winners, but Sell These 2 Chip Stocks, Citi Says
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    Lockheed Martin and Other Defense Stocks Have Soared. Why the Rally Can Keep Going.
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    Bitcoin Faces ‘Severe Resistance.’ These Are the Levels to Watch.
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    AMD to acquire AI software startup in effort to catch Nvidia
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    Dow Jones Futures Rise As Treasury Yields Slide; 6 Best Stocks To Buy And Watch
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    Lockheed Martin, Other Defense Stocks Soared. Why the Rally Could Have Legs.
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    Finland says 'outside activity' likely damaged gas pipeline, telecoms cable
    OSLO (Reuters) -A subsea gas pipeline and a telecommunications cable connecting Finland and Estonia under the Baltic Sea have been damaged in what may have been a deliberate act, the Finnish government said on Tuesday. NATO Secretary General Jens Stoltenberg said NATO was sharing its information over the damage and stands ready to support the allies concerned. The Balticconnector gas pipeline was shut early on Sunday on concerns that gas was leaking from a hole in the 77-km (48 miles) pipeline.  ( 32 min )
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    Powerball jackpot is now $1.73 billion. Here's what you'd pocket after taxes.
    Here's how much of the prize you would take home after taxes -- plus five ways to invest your windfall.  ( 33 min )
    US futures tick higher amid hopes Fed is done with hikes: Stock market news today
    Dovish comments from Fed policymakers are spurring optimism that the tightening campaign could be over.  ( 33 min )
    Honeywell to realign business segments to boost growth
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    Stocks to Watch Tuesday: PepsiCo, Unity Software, LVMH
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    Ask an Advisor: How Do I Cover $3,000 in Monthly Living Expenses? I'm 58 With $700k in Retirement Savings, But I Won't Collect Social Security for 7 Years
    I’m 58 and I have $700,000 in 401(k)s and IRAs. I have no credit card debt, no auto loan payments and no student loans. I sold my home in California and paid cash for a house in Texas, so I have no mortgage. I’m retired military and bring in about $2,200 per month after taxes. […] The post Ask an Advisor: How Do I Cover $3,000 in Monthly Living Expenses? I’m 58 With $700k in Retirement Savings, But I Won’t Collect Social Security for 7 Years appeared first on SmartReads by SmartAsset.  ( 35 min )
    PepsiCo's hefty quarter pokes a hole in idea of an Ozempic-fueled sell-off
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    Daily Spotlight: Defense Spending on the Downswing
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    Technical Assessment: Neutral in the Intermediate-Term
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    PepsiCo Raises Earnings Forecast as Consumers Pay Up for Snacks
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    Market Digest: MAR
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    These Stocks Are Moving the Most Today: PepsiCo, Unity Software, Northrop, Rivian, Ventyx Biosciences, and More
    PepsiCo's third-quarter earnings and revenue top analysts' estimates, Unity Software Chairman and CEO John Riccitiello is retiring, Northrop Grumman stock extends gains, and Rivian shares are upgraded.  ( 18 min )
    Daily – Vickers Top Insider Picks for 10/10/2023
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    Daily – Vickers Top Buyers & Sellers for 10/10/2023
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    Sam Bankman-Fried directed fraud on FTX customers, Caroline Ellison tells jury
    NEW YORK (Reuters) -Caroline Ellison, the former chief executive officer of Sam Bankman-Fried's hedge fund, took the stand on Tuesday as the star witness in the former crypto mogul's fraud trial. Ellison, who was also once Bankman-Fried's romantic partner, is one of three former members of the 31-year-old former billionaire's inner circle who have pleaded guilty to fraud charges and agreed to cooperate with the Manhattan U.S. Attorney's office. Prosecutors are likely to ask Ellison about her personal relationship with Bankman-Fried.  ( 32 min )
    Returns in the bond market have almost never been worse
    Investors are grappling with historic losses in the bond market.  ( 32 min )
    These Stocks Are Screaming Recession. It’s Almost Time to Buy Them.
    Small-capitalization stocks can supercharge portfolios on the other side of economic downturn.  ( 27 min )
    These Stocks Are Moving the Most Today
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 10 min )
    IMF says US bond sell-off may reflect extra quantities on market
    The International Monetary Fund is carefully watching global bond market developments after a recent U.S. selloff, the fund's top economist said, adding that a tightening of financial conditions was among risks facing the global economy. IMF chief economist Pierre-Olivier Gourinchas said the selloff of U.S. bonds could reflect a mismatch in supply, rather than serious concerns about further hikes in interest rates or heightened concerns about long-term risks. "It might just reflect the fact that there is more of it, and so the price is adjusting," he said in an interview about the IMF's quarterly global outlook update released on Tuesday in Marrakech, Morocco, during the annual IMF and World Bank meetings.  ( 31 min )
    Stocks Rise on Dovish Fed Remarks; Treasuries Jump: Markets Wrap
    (Bloomberg) -- Asian shares advanced while Treasuries jumped following comments on rates from Federal Reserve officials that fueled speculation the US central bank may stand pat until year-end.Most Read from BloombergIsrael Latest: Top US General Warns Iran to Stay Out of ConflictSchumer Confronts Xi on Israel-Hamas Stance in Rare MeetingIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionBank of America’s Wrong-Way Rate Bet Hurts Moynihan’s Growth PledgeStocks Shrug Off Losses After Feds  ( 34 min )
    Israel-Hamas War Casts Shadow Over $43 Billion in Assets as Stocks Slump
    (Bloomberg) -- The conflict between Israel and Hamas has turned the spotlight on billions of dollars in Israel-linked fund assets, as money managers gauge the toll on businesses operating in the war-stricken country. Most Read from BloombergIsrael Latest: Top US General Warns Iran to Stay Out of ConflictSchumer Confronts Xi on Israel-Hamas Stance in Rare MeetingIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionBank of America’s Wrong-Way Rate Bet Hurts Moynihan’s Growth PledgeAt least $  ( 33 min )
    Bitcoin Hovers Over $27.5K, Crypto Bulls Face $100M Liquidations as Altcoins Drop
    The ongoing conflict in the Middle East impacted prices of riskier assets, such as bitcoin, on Monday.  ( 32 min )
    One Bond Market Is Defying the Global Selloff With Record Returns
    (Bloomberg) -- As bond markets everywhere get battered by a cocktail of higher interest rates, deficit angst and hawkish central bankers, one class of debt instrument is handing creditors double-digit returns: catastrophe bonds.Most Read from BloombergIsrael Latest: Top US General Warns Iran to Stay Out of ConflictSchumer Confronts Xi on Israel-Hamas Stance in Rare MeetingIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionBank of America’s Wrong-Way Rate Bet Hurts Moynihan’s Growth Pledg  ( 35 min )
    Country Garden Signals Default, Hires Advisers as Sales Plunge
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    Why Mohamed El-Erian favours cash over equities for now
    Top economist reveals his personal investment strategy on the FT’s Money Clinic podcast  ( 7 min )
    Chinese EV startup WM Motor files for bankruptcy
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    Treasury Secretary Janet Yellen tries to calm markets amid historic US bond collapse
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    Chinese Copper Tycoon Goes Missing, Believed to Be Detained by Police
    (Bloomberg) -- Executives at one of China’s largest copper trading houses have lost contact with the company’s founder and believe that he has been detained by police for questioning, according to people familiar with the matter.Most Read from BloombergIsrael Latest: Biden Says at Least 11 Americans Have Been KilledSchumer Confronts Xi on Israel-Hamas Stance in Rare MeetingIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionStocks Shrug Off Losses After Fedspeak; Oil Climbs: Markets WrapH  ( 32 min )
    Treasuries’ Best Day Since March Driven by Signs Fed May Be Done
    (Bloomberg) -- Treasuries jumped the most since March after dovish comments from Federal Reserve officials and conflict in the Middle East fueled a flight to safer assets. Most Read from BloombergIsrael Latest: First Round of US Security Aid Is on the WaySchumer Confronts Xi on Israel-Hamas Stance in Rare MeetingIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionStocks Shrug Off Losses After Fedspeak; Oil Climbs: Markets WrapYields on US 10-year notes fell as much as 18 basis points to 4  ( 31 min )
    Stocks rally as investors regain some nerve; Israel conflict rages on
    Asian shares rose on Tuesday as bond yields eased, boosted by dovish Federal Reserve remarks and a dip in oil prices after Monday's surge, but markets remained cautious amid violence in the Middle East. Top Fed officials indicated on Monday that rising Treasury yields could steer the central bank from further rate increases, helping to spur a rise in bond prices after those markets had been closed the previous day in the U.S. and Tokyo. Markets are keeping a close watch, however, on military clashes between Israel and the Palestinian Islamist group Hamas, after Hamas' surprise strike on Saturday that killed hundreds of Israelis.  ( 33 min )
    Investors warn Evergrande could face an 'uncontrolled collapse' that would be a disaster for China's property sector
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  • Open

    Forgot Password? You Don't Need One For Your Gmail Account Anymore
    Google is furthering its goal for a password-free future, making its passkey technology a default on personal accounts.  ( 1 min )
    Microsoft and Alphabet's Google Introduce New AI Initiatives for the Health Care Industry
    Microsoft and Alphabet's Google introduced new AI Initiatives to help organizations in the health care industry improve their use of data and access to information.  ( 1 min )
    Amazon Looks to Cash In On Holiday Spending, But It's Not The Only Sale In Town
    Amazon kicked off the Prime Big Deal Days event to get customers to open up their wallets for early holiday spending, but history suggests that this sequel is unlikely to break the sales record set by Prime Day in July.  ( 1 min )
    AMD To Acquire Nod.AI, Boosting Its Open-Source AI Software Capabilities
    Chipmaker AMD announced it will boost its AI-related offerings with the purchase of Nod.AI, an open-source artificial intelligence (AI) software startup.  ( 1 min )
    PepsiCo Beats Profit and Sales Estimates and Boosts Its Outlook on Higher Prices
    PepsiCo exceeded estimates for quarterly profit and sales, and lifted its earnings outlook as it benefited from higher prices.  ( 1 min )
    Workers Start Strike Against General Motors in Canada
    About 4,300 workers in Canada went on strike against General Motors there after a tentative deal fell through.  ( 1 min )
  • Open

    S&P 500 Gains and Losses Today: Index Advances Amid Optimistic Rate Outlook
    The S&P 500 gained 0.5% on Tuesday, Oct. 10, 2023, following suggestions that the Fed may adopt a more cautious approach to raising interest rates.  ( 1 min )
    Conflict, Fed Speak Help Drive Down Treasury Yields
    U.S. Treasury yields fell Tuesday as some investors sought safety from international conflict in the bond market, and others took comfort in recent comments from Federal Reserve officials.  ( 1 min )
    Markets Gain at Midday Amid Optimism About Future Fed Moves
    U.S. equities were higher at midday on Tuesday, Oct. 10, 2023, amid optimism the Fed might pull back on its tight monetary policy following comments by Fed officials.  ( 1 min )
    Dow Jones Today: Futures Mixed, Bond Yields Fall Amid Search for Save Havens
    U.S. stock futures were little changed in premarket trading Tuesday as Treasury yields sank amid a search for safe-haven assets following the onset of fighting in Israel and Gaza Saturday morning.  ( 1 min )
    5 Things to Know Before Markets Open
    Workers at General Motors plants in Canada go on strike and PepsiCo shares rise as the snack maker raises its full-year outlook after reporting higher revenues. Here’s what investors need to know today.  ( 1 min )
  • Open

    Werknemer die verlofdagen moet inzetten na verlies dierbare is kritischer op baas
    Niet alle werknemers die een dierbare verliezen zijn even tevreden met de steun van hun werkgever. Vooral mensen die hun vakantiedagen moesten inzetten in de rouwperiode misten steun van hun baas.  ( 9 min )
    Van der Valk zet in op donuts en neemt 76 zaken van Dunkin' over
    Alle Nederlandse en Belgische vestigingen van donut- en koffieketen Dunkin' komen in handen van de horecafamilie Van der Valk.  ( 9 min )
    NU+ | AI maakt nu ook oude schoolfoto's: 'Een onschuldige vorm van narcisme'
    Je ziet ze nu veel voorbijkomen op sociale media: schoolfoto's van mensen uit de tijd dat ze net begonnen te puberen. Maar dit zijn helemaal geen echte foto's. Kunstmatige intelligentie maakt een jarennegentigversie van de geportretteerde persoon.  ( 9 min )
    Wéér een lek in een gaspijpleiding, Finland vermoedt 'activiteit van buitenaf'
    Een zondag ontdekt gat in een gaspijpleiding tussen Finland en Estland is volgens de Finse president Sauli Niinistö waarschijnlijk het gevolg van "activiteit van buitenaf". Hij benadrukt dat de oorzaak van het lek nog onduidelijk is.  ( 9 min )
    Kabinet gaat in Brussel niet voor of tegen onkruidverdelger glyfosaat stemmen
    Nederland gaat zich deze week niet voor of tegen het gebruik van glyfosaat uitspreken in Brussel, maar onthoudt zich van stemming. De Kamer nam eerder een motie aan voor een verbod op de onkruidverdelger.  ( 9 min )
    Energiecontracten mogen ook in de toekomst nog aan de deur worden verkocht
    Energiecontracten mogen ook in de toekomst nog aan de deur en via de telefoon worden verkocht. Het is door Europese wetgeving niet mogelijk om dit in Nederland te verbieden, schrijft demissionair minister Rob Jetten (Energie) dinsdag in een Kamerbrief.  ( 8 min )
    Veel ongevallen op het werk worden niet gemeld bij Arbeidsinspectie
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    Slaaptrein is inmiddels lang genoeg om door te rijden tot aan Praag
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    Malafide uitzendbureaus voortaan hard aangepakt: 'Nederland onwaardig'
    Het demissionaire kabinet komt met nieuwe maatregelen om malafide uitzendbureaus hard aan te pakken als ze misbruik maken van arbeidsmigranten.  ( 10 min )
    Onderwijsminister kritisch op gebrekkige stagevergoedingen in onderwijs en zorg
    Demissionair minister Robbert Dijkgraaf (Onderwijs) vindt dat alle hbo-studenten een "passende" stagevergoeding verdienen. Nu zijn ruim vier van de vijf onderwijsstages nog onbetaald, blijkt uit onderzoek onder zo'n zeventienhonderd studenten.  ( 9 min )
    IMF ziet economische groei in Nederland afremmen, terwijl inflatie hoog blijft
    De economische groei van Nederland en meerdere andere Europese landen komt bijna tot stilstand, voorspelt het Internationaal Monetair Fonds (IMF). De prijzen voor consumenten blijven waarschijnlijk nog een tijd behoorlijk stijgen.  ( 10 min )
    IMF: Nederlandse economie komt bijna tot stilstand, terwijl inflatie hoog blijft
    De economische groei van Nederland en meerdere andere Europese landen komt bijna tot stilstand, voorspelt het Internationaal Monetair Fonds (IMF). De prijzen voor consumenten blijven waarschijnlijk nog een tijd behoorlijk stijgen.  ( 10 min )
    Lonen in september gemiddeld met 7,2 procent gestegen
    In september zijn nieuwe loonafspraken uitgekomen op gemiddeld 7,2 procent. Dat is een stuk lager dan de maanden hiervoor.  ( 8 min )
    Treinen blijven leger omdat ov-reiziger vaker thuiswerkt na corona
    De populariteit van thuiswerken heeft meer impact op de drukte in de trein en bus dan op de weg of het fietspad. Uit onderzoek blijkt dat ov-gebruikers nog veel vaker zijn gaan thuiswerken dan voor de pandemie.  ( 9 min )
    Ook SNS en ASN Bank verhogen de spaarrente weer
    Spaarders bij de Volksbank, waar SNS Bank, ASN Bank en RegioBank onder vallen, krijgen vanaf 16 oktober meer rente. Drie andere grote Nederlandse banken hebben eerder al een rentestijging aangekondigd.  ( 9 min )
    Nederlandse industrie piept en kraakt al acht maanden op rij
    De Nederlandse industriesector heeft in 2023 tot dusver minder geproduceerd dan een jaar eerder. In augustus nam de productie met 8 procent af. Vooral de machine-industrie maakt minder.  ( 8 min )
    Zonder energierekening was inflatie 5,5 procent (in plaats van 0,2)
    De inflatie in september was maar 0,2 procent. Dit cijfer wordt stevig beïnvloed door een nieuwe meetmethode voor energieprijzen. Zonder energie zou de inflatie 5,5 procent zijn.  ( 9 min )
    Energieverbruik Nederlanders vorig jaar gedaald naar niveau van 1970
    Het Nederlandse energieverbruik is vorig jaar met bijna 11 procent gedaald. Daarmee gebruikten we in 2022 ongeveer net zoveel energie als in 1970.  ( 8 min )

  • Open

    Going Green With Exchange-Traded Funds (ETFs)
    As investors become more environmentally conscious, they have access to an increasing number of green exchange-traded funds (ETFs).  ( 24 min )
    Dow Jones Today: Index Gains Nearly 200 Points Following Fed Comments
    The Dow Jones gained 197 points after Fed officials suggested the recent rise in Treasury yields could lessen the need for further rate hikes to curb inflation.  ( 18 min )
    Are You Investing or Gambling?
    Find out the symptoms and the way gambling creeps into trading and what may drive an individual to trade (or gamble) in the first place.  ( 24 min )
    S&P 500 Gains and Losses Today: Index Rebounds After Comments From Fed Officials
    The S&P 500 rebounded from earlier losses to finish 0.6% higher on Monday, Oct. 9, 2023 after Fed officials suggested the recent surge in Treasury yields could diminish the likelihood of further interest rate hikes to curb inflation.  ( 16 min )
    Payment-in-Kind (PIK): What It Is, How It Works, Pros and Cons
    Payment-in-Kind (PIK) is the use of a good or service as payment instead of cash. It also refers to certain financial instruments.  ( 26 min )
    Citi Sells Off China Consumer Unit as It Simplifies Its Business
    Citigroup said it would sell its consumer wealth portfolio in China to HSBC Bank China as the financial firm continues to shed overseas assets in an effort to shrink the size of its operations.  ( 17 min )
    Tesla's Sales of China-Made EVs Slumped in September
    Sales of Tesla's China-made EVs dropped 12% in September from August and were down 10.9% from a year ago.  ( 17 min )
    ETF Concerns That Investors Shouldn’t Overlook
    Despite their popularity, exchange-traded funds, or ETFs, have some drawbacks that investors should know about.  ( 30 min )
    What Is an MLM? How Multilevel Marketing Works
    Multilevel marketing (MLM) is a monetary strategy used by direct sales companies to encourage existing distributors to recruit new distributors.  ( 25 min )
    Why Are ETF Fees Lower Than Mutual Fund Fees?
    Discover all the reasons ETFs typically have lower fees than mutual funds, including their passive management and the absence of load and 12b-1 fees.  ( 22 min )
    Markets Fall and Oil Prices Surge at Midday Amid Concerns About Conflict in Middle East
    U.S. equities were lower while oil prices climbed at midday on Monday, Oct. 9, 2023, amid concerns about conflict in the Middle East after fighting between Hamas and Israel broke out over the weekend.  ( 16 min )
    OPEC Raises Its Estimate for Future Oil Demand
    OPEC raised its estimate for medium- and long-term demand for oil, and suggested trillions of dollars in spending would be needed to keep up with that higher demand.  ( 17 min )
    Succeeding at the Series 63 Exam
    Your successful career as a securities agent begins with the Series 63 exam. Read these helpful tips to remove some of the mysteries behind the exam and prepare for taking the test.  ( 29 min )
    Bristol-Myers Squibb Buys Mirati Therapeutics to Boost Cancer Drug Portfolio
    Bristol-Myers Squibb agreed to pay up to $5.8 billion for Mirati Therapeutics to boost its portfolio of cancer-fighting treatments.  ( 18 min )
    UAW Members Strike Against Mack Trucks After Rejecting Tentative Deal
    The United Auto Workers union started a strike against Mack Trucks after rejecting a tentative deal with the company owned by Volvo Group.  ( 16 min )
    ETFs Can Be Safe Investments If Used Correctly
    Learn about how ETFs can be safe investment options, if you know which funds to choose, including the basics of both indexed and leveraged ETFs.  ( 21 min )
    How to Calculate the Value of an ETF
    An ETF is a good way to get broad exposure without taking on specific risk, but calculating performance may be a bit tricky.  ( 22 min )
    5 Things to Know Before Markets Open
    The United Auto Workers (UAW) union started a strike against Mack Trucks after rejecting a five-year contract with the Volvo Group-owned company, while stock futures were trading lower in the pre-market and oil prices climbed amid concerns about conflict in the Middle East. Here’s what investors need to know today.  ( 18 min )
    The 5 Countries That Produce the Most Sugar
    Learn Which Countries Benefit the Most From the Global Obsession With Sweets.  ( 24 min )
    An Introduction to Trading Eurodollar Futures
    The deep level of liquidity and long-term trending qualities of the eurodollar futures market present opportunities for small and large traders alike.  ( 25 min )
    Cover the Spread
    A point spread is given by a sportsbook that determines by how many points the favorite is expected to win the game over the underdog team.  ( 26 min )
    Casino Stats: Why Gamblers Rarely Win
    Gambling is never a reliable source of supplementary income. Read on to find out why.  ( 25 min )
    Value vs. Growth ETFs: How Do You Choose?
    Learn about the primary characteristics of value ETFs and growth ETFs, and discover how to choose between the two when building a portfolio.  ( 20 min )
    Winning the Lottery: Dream or Nightmare?
    Winning the lottery can be a dream come true and a nightmare. Understand the taxes and hidden costs when claiming your prize, and prepare ahead for possible missteps.  ( 30 min )
    Can you short sell ETFs?
    ETFs (an acronym for exchange-traded funds) are treated like stock on exchanges; as such, they are also allowed to be sold short.  ( 19 min )
    The Lottery: Is It Ever Worth Playing?
    Is it ever worth playing the lottery? Discover the probability of winning and the best way to collect the funds if you happen to win.  ( 30 min )
    Are ETFs Considered Derivatives?
    Learn why most exchange-traded funds (ETFs) are not considered derivative securities and the special circumstances when this distinction may not apply.  ( 20 min )
    Who Was Lawrence Klein? What Is Econometrics?
    Lawrence Klein was an American economist and winner of the 1980 Nobel Memorial Prize in Economics.  ( 22 min )
    5 Investing Resolutions To Make for the New Year
    As the New Year approaches, it’s time to turn your thoughts to your financial goals and the investing resolutions that you need to make to achieve them.  ( 24 min )
    Sportsbook: What It Is, History, Legality
    A sportsbook is a company or entity that accepts bets.  ( 26 min )
    How to Get Your Student Loans Forgiven
    Income-based repayment plans and forgiveness for public service employees can help you erase your student loan debt. Here's what you need to know to get started.  ( 35 min )
    ETF vs. ETN: What's the Difference?
    Exchange-traded funds (ETF) get the lion's share of investors' money but some choose exchange-traded notes (ETNs). Here are the differences between the two investment vehicles.  ( 24 min )
    Who Is Jordan Belfort, the Wolf of Wall Street?
    Jordan Belfort, the "Wolf of Wall Street," is a former stockbroker who spent 22 months in jail for securities fraud. Learn more about Belfort's career and crimes.  ( 25 min )
    Pre-Money vs. Post-Money: What's the Difference?
    Learn the important distinction between pre-money and post-money valuation and how it affects ownership percentages.  ( 24 min )
    Student Loan Repayment Options: What's the Best Way to Pay?
    There are several student loan repayment options you can choose from to pay off your debt. Learn what they are and how to pick the right one for you.  ( 28 min )
    How to Pay Off Your Student Loans
    Paying off education debt is a financial headache. Learn how to repay your student loans to get out of debt faster and save on interest charges.  ( 30 min )
    The Impact of Defaulting on a Student Loan
    Defaults on student loans happen all the time, and they can have big consequences on a borrower's financial future. Learn what happens when you default on student loans.  ( 25 min )
    Investing in Commodity ETFs
    Commodity ETFs enable investors to gain exposure to individual commodities or baskets of commodities in a relatively low-risk and cost-effective way.  ( 28 min )
  • Open

    ‘A Massive Rally Ahead’: Daniel Ives Says Buy Tech Stocks Into Year-End — Here Are 2 Names That He Likes Right Now
    The September jobs report exceeded expectations with the addition of 336,000 jobs last month, nearly double the amount anticipated on Wall Street. Add that ‘goldilocks’ figure to minimal wage inflation, and the scene is set for a soft landing for the economy, says Wedbush’s Daniel Ives, a 5-star analyst rated in the top 2% of the Street’s stock pros. This, in turn, is great news for the tech sector. In fact, with earnings season about to kick off, Ives thinks Wall Street is poised to be caught o  ( 35 min )
    The U.S. housing market has gotten so expensive that income would have to jump 55% to make buying ‘affordable,’ real estate executive says
    Personal incomes would have to soar to make up for the higher home payments created by rising mortgage rates.  ( 33 min )
    UPDATE 3-Truist in talks to sell insurance business for $10 bln - Semafor
    Truist Financial is in talks to sell its insurance brokerage unit to private equity firm Stone Point for about $10 billion, news website Semafor reported on Monday, citing people familiar with the matter. Stone Point bought a 20% stake in the unit, known as Truist Insurance Holdings, in April in a deal that valued the business at $14.75 billion. When the transaction was unveiled in February, before the industry turmoil, Truist said it would continue to own 80% of the unit.  ( 31 min )
    Pepsi Earnings Are Coming. Ozempic Will Move the Stock.
    While investors want to see Pepsi beat earnings, what it says about Ozempic and other weight-loss drugs could be just as important.  ( 16 min )
    Smithfield to Close North Carolina Pork Plant Due to Downturn
    (Bloomberg) -- Smithfield Foods Inc. will close a North Carolina pork plant, the latest move in an industry-wide effort to counter a supply glut. Most Read from BloombergIsrael Latest: Top US General Warns Iran to Stay Out of ConflictSchumer Confronts Xi on Israel-Hamas Stance in Rare MeetingHamas Got Around Israel’s Surveillance Prowess by Going DarkBrutality of Surprise Attack Unites Israel Around One Goal: Crush HamasXi’s Reply to Hamas Attack Shows China’s Limit as PeacemakerProduction at th  ( 32 min )
    S&P 500 Gains and Losses Today: Index Rebounds After Comments From Fed Officials
    The S&P 500 rebounded from earlier losses to finish 0.6% higher on Monday, Oct. 9, 2023 after Fed officials suggested the recent surge in Treasury yields could diminish the likelihood of further interest rate hikes to curb inflation.  ( 18 min )
    After 2 years of declines, the PC market is showing signs of life
    The PC market might have finally bottomed out.  ( 33 min )
    Why Starbucks, Whole Foods, and others are closing stores in downtown San Francisco
    Is crime in San Francisco driving Starbucks and other consumer-facing chains away? It's complicated.  ( 35 min )
    Are electric cars more expensive to insure?
    How much does it cost to insure an electric car? Is EV insurance more expensive than a traditional auto insurance policy? We explain.  ( 33 min )
    Dow Jones Rallies As Yellen Makes Oil Price Pledge; These Warren Buffett Stocks Test Entries
    No content preview
    Fed Officials Head Toward Another Pause After Surge in Yields
    (Bloomberg) -- Top Federal Reserve officials are coalescing around the idea that tighter financial conditions after a recent surge in US Treasury yields may substitute for additional increases in their benchmark interest rate.Most Read from BloombergIsrael Latest: Netanyahu Vows Retaliation Has ‘Only Started’Israel Latest: Over 1,100 Dead; US Sends Warships to RegionSchumer Confronts Xi on Israel-Hamas Stance in Rare MeetingOil Surges as Israel Conflict Reignites Middle East VolatilityFed Vice C  ( 33 min )
    Is Palantir Stock A Buy On Artificial Intelligence Outlook?
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    Hamas' strike on Israel will force the market to 'beg' Saudi Arabia to pump out more oil, famed crude trader says
    Hamas' attack will play into the hands of the world's largest oil exporter, according to legendary hedge fund manager Pierre Andurand.  ( 33 min )
    How To Collect $1,000 Per Month From Warren Buffett's Favorite Energy Stock
    Legendary investor Warren Buffett has achieved astounding returns throughout his career. From 1964 to 2022, his company Berkshire Hathaway Inc. (NYSE:BRK) delivered an overall gain of 3,787,464%, dwarfing the S&P 500's 24,708% return during the same period. Other than picking stocks that skyrocketed in value, Buffett also collects dividends — a lot of dividends. Buffett famously said, "If you don't find a way to make money while you sleep, you will work until you die." Don't Miss: Investing in r  ( 33 min )
    Cybersecurity Stocks To Watch Amid Shift To AI, Cloud
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    Another Bank in Trouble: What to Make of Metro Bank's Rescue Deal
    Investors have been jittery for months about banks, after the implosions of Silicon Valley Bank, First Republic, Credit Suisse and others. So what to make of [the $1.1 billion deal](https://www.wsj.com/livecoverage/stock-market-today-dow-jones-10-09-2023/card/metro-bank-shares-soar-after-u-k-lender-  ( 24 min )
    Crypto Traders Suffer Over $100M in Liquidation Losses as Market Rout Deepens Amid Middle East Turmoil
    Crypto traders suffered over $100 million of losses in liquidations on Monday, Coinglass data shows, as the digital asset market rout intensified.  ( 32 min )
    Almost everyone thinks it’s a bad idea to buy a house now, survey shows
    In the latest survey from Fannie Mae measuring housing sentiment, 84% of respondents in September said now is a bad time to purchase a house.  ( 33 min )
    Stocks Head Higher After Dovish Rumblings By Fed Officials
    Stocks have headed higher despite the conflict in the Middle East as Federal Reserve members make dovish rumblings. The Dow Jones Industrial Average has gained 203 points, or 0.6%, while the S&P 500 rose 0.7%, and the tech-heavy Nasdaq Composite jumped 0.5%. All three indexes were trading lower ear  ( 12 min )
    Cybersecurity Stock Pops As It Pulls Off This Rare Trifecta
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    Exxon-Pioneer tie up could squeeze US shale oil suppliers, pipelines
    Top U.S. oil producer Exxon Mobil's planned acquisition of the No. 1 Permian shale producer Pioneer Natural Resources could further restrain output growth in the largest U.S. oilfield, squeezing pipeline companies and suppliers, executives and energy advisors said. Exxon, the fifth largest producer in the Permian, has set an up to 1 million-bpd target for its operations there for 2025 and more recently pushed it back to 2027. Buying Pioneer would boost its output to about 1.33 million barrels of oil and gas equivalent per day, well above its goal.  ( 33 min )
    Stocks rise, oil surges with focus on Middle East conflict: Stock market news today
    The prospect of a full-blown war in the Middle East added a dose of geopolitical risk to the interest rate and inflation concerns already facing markets.  ( 47 min )
    Stocks reverse losses, oil surges with focus on Middle East conflict: Stock market news today
    The prospect of a full-blown war in the Middle East added a dose of geopolitical risk to the interest rate and inflation concerns already facing markets.  ( 42 min )
    Charlie Munger Says, "The Big Money Is Not In The Buying And The Selling But In The Waiting" — High Returns Don't Actually Require High Effort
    While Warren Buffett is often cited for his memorable quotes on investing, his long-time business partner and billionaire Charlie Munger has his own share of wisdom to offer. Munger once stated, "The big money is not in the buying and the selling but in the waiting." This sentiment, though perhaps not as widely cited as some of Buffett's lines, holds tremendous weight in the investment world for several reasons. Don't Miss: Until 2016 it was illegal for retail investors to invest in high-growth  ( 32 min )
    Charlie Munger Says Denial Is The Reason For Bad Choices, And What People Wish Is What They Believe: 'If The Truth Is Unpleasant Enough, People Kind Of — Their Mind Plays Tricks On Them, And They Think It Isn't Really Happening'
    In the vast ecosystem of investment and finance, few voices resonate with the clarity and depth of Charlie Munger, Warren Buffett's respected partner at Berkshire Hathaway Inc. One topic he has been vocal about is the pervasive influence of denial in decision-making processes, especially in investment management. "If I had to name one factor that dominates human bad decisions, it would be what I call denial," Munger said. "If the truth is unpleasant enough, people kind of — their mind plays tric  ( 34 min )
    Israel-Related Stocks Fall Globally After Hamas Shock Attack
    (Bloomberg) -- The surprise attack on Israel by Hamas weighed on shares of global companies with local connections, including chipmakers and software providers, as investors fretted that the conflict could escalate.Most Read from BloombergIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionIsrael Latest: Army Reserves Called Up, Chevron Shuts Gas FieldOil Surges as Israel Conflict Reignites Middle East VolatilityAs Israel-Hamas War Rages, Oil Traders Focus on IranIsraelis Taken Hostage We  ( 34 min )
    Treasury’s Debt Deluge Is Finally Straining US Funding Markets
    (Bloomberg) -- The Treasury’s barrage of bill issuance is starting to cause some cracks to appear in the US dollar funding space. Most Read from BloombergIsrael Latest: First Round of US Security Aid Is on the WaySchumer Confronts Xi on Israel-Hamas Stance in Rare MeetingIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionStocks Shrug Off Losses After Fedspeak; Oil Climbs: Markets WrapOn days when US note and bond auctions settle, the rates on overnight repurchase agreements — those loans  ( 32 min )
    'Buy A T-Bill And Chill': Bond King Jeffrey Gundlach Says He's Happier As A Bond Investor Now — Here's How To Get In On The Action
    When interest rates were low, it was difficult for bond investors to earn a decent yield. Just ask DoubleLine Capital Founder Jeffrey Gundlach. Speaking at a recent investment conference in New York, Gundlach recalled what the bond market was like in 2016. He said if you wanted to earn a 5% annual yield on a bond portfolio in those days, you had to buy a junk bond index, use leverage to boost returns and pray that issuers wouldn't default. Things have changed dramatically since then. Don't Miss:  ( 32 min )
    Market Update: UNFI
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    Stocks edge lower as Middle East conflict rattles markets: Stock market news today
    The prospect of a full-blown war in the Middle East added a dose of geopolitical risk to the interest rate and inflation concerns already facing markets.  ( 38 min )
    Rivian Stock Is Dropping. Credibility Is An Issue.
    Wedbush analyst Dan Ives cut his Rivian stock price target to $25 from $32. He maintained his Buy rating on shares.  ( 18 min )
    84% of Retirees Are Making This RMD Mistake. You Don't Have to Be One of Them
    Though retirees are only required to take a certain portion of their retirement savings out as distributions each year, a study from JPMorgan Chase shows that there is likely good reason to take out more. A withdrawal approach based solely on … Continue reading → The post 84% of Retirees Are Making This RMD Mistake appeared first on SmartAsset Blog.  ( 34 min )
    Most American Couples Have This Much in Retirement Savings. Where Do You Stack Up?
    A recent study from the career experts Zety says that 40% of respondents fear retirement more than death. And almost nine in 10 responded that their biggest retirement fear is not having enough income. For married couples, planning retirement for two people can … Continue reading → The post Average Retirement Savings for Married Couples By Age appeared first on SmartAsset Blog.  ( 33 min )
    Vanguard Says This Can Help You Add at Least $100k to Retirement Savings
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    How Can I Stop Enabling Family Who Rely on Me to Pay Their Bills?
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    Nvidia Stock Drops on Report OpenAI May Change Chip Supplier. Why It May Be an Overreaction.
    Analysts at Citi see Nvidia continuing to maintain a 90% or so market share in the artificial intelligence GPU chip market over the next two to three years.  ( 16 min )
    Ken Fisher and Steve Cohen Have One Thing in Common: They’re Making a Big Bet on These 2 Stocks
    There’s no one investing style guaranteed to generate big returns but for those looking to make headway in the markets, it’s worth checking out the systems used by the best in the business – the ones whose investing endeavors have pocketed billions in the process. For example, Steve Cohen, the founder of point72 Asset Management, has favored a high-risk, high-reward style, an aggressive mode of investment that has obviously worked wonders, given he has a net worth of $19.8 billion. On the other  ( 35 min )
    Stocks tumble as Middle East conflict rattles markets: Stock market news today
    The prospect of a full-blown war in the Middle East added a dose of geopolitical risk to the interest-rate and inflation concerns already facing markets.  ( 35 min )
    UAW Members Strike Against Mack Trucks After Rejecting Tentative Deal
    The United Auto Workers union started a strike against Mack Trucks after rejecting a tentative deal with the company owned by Volvo Group.  ( 18 min )
    Mirati Therapeutics Snags $5.8 Billion Takeover Deal, But Shares Fall On Lowball Bid
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    How Can I Create a Trust Fund For My Grandchildren?
    Creating a trust fund for your grandchildren can be an effective strategy, not just for the wealthy, but for anyone interested in financial planning. It can provide a level of financial security and a safety net for the future. But doing so requires careful consideration, understanding of different trust types, clear instructions, and in many […] The post How to Create a Trust Fund for Your Grandchildren appeared first on SmartReads by SmartAsset.  ( 33 min )
    Tesla Stock Drops as China Deliveries Dive. October Will Tell the Tale.
    Tesla delivered some 74,000 units from its plant in Shanghai, down from about 83,000 a year ago. Investors are willing to wait to see fourth-quarter numbers.  ( 18 min )
    Eyeing that $1.55 billion Powerball jackpot? Here's what you'd pocket after taxes.
    Here's how much of the prize you would take home after taxes and five ways to invest your windfall.  ( 32 min )
    Bank of America’s Wrong-Way Rate Bet Hurts Moynihan’s Growth Pledge
    (Bloomberg) -- For years, Brian Moynihan told investors his bank would be a big winner when interest rates eventually, finally, one day went up. Bank of America Corp. had built a massive deposit base that would allow profits to soar when the Federal Reserve changed course.Most Read from BloombergIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionIsrael Latest: Army Reserves Called Up, Chevron Shuts Gas FieldOil Surges as Israel Conflict Reignites Middle East VolatilitySchumer Confronts X  ( 35 min )
    Nvidia Will Stay Dominant, Citi Says After Report OpenAI May Change Chip Suppliers
    Analysts at Citi see Nvidia continuing to maintain a 90% or so market share in the artificial intelligence GPU chip market over the next two to three years.  ( 16 min )
    Bond Futures Dip. Bigger Drops Could Be Ahead.
    The bond market is closed for Columbus Day, a federal holiday, but futures tracking the 10-year Treasury note yield are down from last week. The yield was 4.74% on Monday, according to FactSet, slipping from last week’s levels. At one point last week, the yield hit 4.887%, the highest since August  ( 11 min )
    Why an ‘Un-Inverted’ Yield Curve Could Be More Chilling for the Stock Market
    The yield curve is experiencing a bear steepening, signaling pain for the economy and stock market ahead.  ( 22 min )
    Dow Jones Futures Slide 200 Points On Hamas Attack; Apple, Nvidia, Tesla Fall
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    Israel-Hamas Conflict Boosts Defense Stocks
    Hamas militants launched an assault on Israel on Saturday. Israel declared war on Hamas and launched retaliatory strikes.  ( 19 min )
    Evergrande Investors Warn of ‘Uncontrollable Collapse’
    Evergrande’s 11th-hour cancellation of a $19 billion debt restructuring could lead to a messy collapse and have “a catastrophic effect” on other troubled companies in the sector, its bond investors said.  ( 29 min )
    This type of job applicant is most likely to lie on their résumé
    Many job applicants feel pressure to lie on their résumé to get their foot in the door.  ( 32 min )
    Sell 11 Big Stocks Now — Or Pay The Price, Analysts Warn
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    Analyst Report: Mckesson Corporation
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    I Have $750K in a Roth IRA and Will Receive $1,800 Monthly From Social Security. Can I Retire at 65?
    Can you retire at 65 with $750,000 in a Roth IRA and $1,800 in monthly Social Security? Based on median incomes and the 10x rule, most people will need about $740,000 to finance a secure retirement. So in theory, a $750,000 Roth IRA and $1,800 in Social Security benefits will be enough for many individuals […] The post I Have $750K in a Roth IRA and Will Receive $1,800 Monthly From Social Security. Can I Retire at 65? appeared first on SmartReads by SmartAsset.  ( 34 min )
    Technical Assessment: Neutral in the Intermediate-Term
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    Market Digest: MCK
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    US futures tumble as Middle East conflict rattles markets: Stock market news today
    The prospect of a full-blown war in the Middle East added a dose of geopolitical risk to the interest-rate and inflation concerns already facing markets.  ( 34 min )
    Daily – Vickers Top Insider Picks for 10/09/2023
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    Daily – Vickers Top Buyers & Sellers for 10/09/2023
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    Why battered tech stocks could now be a great buy despite blowout jobs report
    Maybe it's time to dabble in tech stocks following a steep rates-driven sell-off.  ( 34 min )
    Stephanie Linnartz ended a successful run at Marriott to become CEO at struggling Under Armour. ‘I believe in taking calculated risks’
    Linnartz hopes to turn around a company hurt by slumping growth and controversies surrounding its founder.  ( 42 min )
    Disney Stock Needs a Lift. Activist Investor Nelson Peltz Thinks He Can Provide It.
    Walt Disney stock has suffered this year. Enter activist investor Nelson Peltz, whose Trian Fund Management has increased its stake in the company to more than $2.5 billion.  ( 16 min )
    Mirati Stock Falls as Bristol Myers to Buy Oncology Developer for Up to $5.8 Billion
    The acquisition will help boost revenue by offsetting upcoming competition from generics for Bristol Myers Squibb’s best-selling products.  ( 16 min )
    India Demands E-Scooter Makers Return $60 Million Aid for Using China Parts
    (Bloomberg) -- When India decided to make a concerted push to green the world’s biggest two-wheeler market, a slew of electric scooter startups emerged almost overnight. Now, many are falling out of favor for sourcing parts from China instead of locally.Most Read from BloombergIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionIsrael Latest: Conflict Enters Third Day With Over 1,100 DeadAs Israel-Hamas War Rages, Oil Traders Focus on IranIsraelis Taken Hostage Were Ripped From Everyday A  ( 32 min )
    These Stocks Are Moving the Most Today: Exxon, Chevron, Mirati, Bristol Myers, Disney, Lockheed, and More
    Exxon and Chevron shares rise after a surge in oil prices following the weekend attack on Israel from Hamas, Mirati Therapeutics stock falls after Bristol Myers agrees to buy the oncology developer in a deal valued at up to $5.8 billion, and a report says activist investor Nelson Peltz is seeking multiple board seats at Disney.  ( 20 min )
    Iran Oil Production Could Fall Following Israel Attacks, Pushing Brent Higher
    Iranian oil production could fall following the attack on Israel, Goldman Sachs said, with its pricing framework suggesting any 100,000 barrel a day decline in 2024 production relative to the baseline would mechanically raise the end-2024 Brent price by just over $1 a barrel.  ( 26 min )
    Stock market today: World markets are mostly lower after Israel strikes back at Hamas attack
    Crude oil prices surged while stocks were mixed on Monday after the Israeli government declared war following deadly attacks by Hamas from the Gaza Strip. Conflict in the Middle East often raises the specter of higher oil prices given the risk of disruptions to supplies. “Disruptions or escalations in the region can have far-reaching implications for energy markets, global supply chains, and geopolitical dynamics,” Stephen Innes of SPI Asset Management said in a commentary.  ( 34 min )
    Hedge funds sell energy stocks before Middle East conflict - Goldman
    Global hedge fund managers were selling U.S. stocks sensitive to commodities at an accelerated pace in the week ending October 6, according to a Goldman Sachs note to clients, just before the price of oil jumped more than $3 a barrel on Monday. The surge in oil prices followed the largest military assault on Israel in decades, with hundreds dead and several abducted. The jump in the price of crude on Monday reversed last week's downtrend - the largest weekly decline since March - in which Brent fell about 11% and WTI retreated more than 8% amid concern about high interest rates and their impact on global demand.  ( 32 min )
    Schaeffler Launches $3.85 Bln Bid to Combine With Vitesco Technologies
    Schaeffler has offered €91 a share in cash for Vitesco Technologies, the first of three steps toward a combination of the two companies.  ( 26 min )
    Middle East violence rattles markets, oil jumps
    Hamas' assault on Israel drove oil prices higher on Monday as markets priced in fears of a wider conflict in the Middle East, a day after Israel pounded the Palestinian enclave of Gaza in retaliation for one of the bloodiest attacks in its history. Fighters from Islamist group Hamas killed 700 Israelis and abducted dozens more as they attacked Israeli towns on Saturday, the deadliest incursion into Israeli territory since Egypt and Syria's attacks in the Yom Kippur war 50 years ago. - Oil prices were up $3 a barrel Monday, with Brent crude trading at $87.50 a barrel - up over 3% on the day.  ( 33 min )
    An Inverted Yield Curve Is Chilling. Imagine an Un-Inversion.
    The yield curve is experiencing a bear steepening, signaling pain for the economy and stock market ahead.  ( 21 min )
    LVMH, EasyJet Face a Darkening Economy: EMEA Earnings Week Ahead
    (Bloomberg) -- A worsening economic backdrop leaves a dark cloud hanging over European companies preparing to report this earnings season.Most Read from BloombergIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionAs Israel-Hamas War Rages, Oil Traders Focus on IranIsrael Latest: Over 1,100 Dead as Oil Jumps on Fear of Wider WarOil Surges as Hamas’ Attack on Israel Fans Middle East TensionsHamas Attack Thrusts Palestinians Back Into Center of MideastUpdates this week from luxury purveyor  ( 33 min )
    Stock market today: Markets steady in Asia after Israel declares war following Hamas attack in Gaza
    Share prices were mixed on Monday after the Israeli government declared war following deadly attacks by Hamas from the Gaza Strip. U.S. futures were lower and oil prices gained more than $3 a barrel. Conflict in the Middle East often raises the specter of higher oil prices given the risk of disruptions to supplies.  ( 34 min )
    Weight-loss drugs fuel boom for firms that fill syringes
    Contract drug manufacturers seeking to tap into the booming market for weight-loss drugs are investing billions of dollars to expand or build factories that fill the injection pens used to administer treatments like Novo Nordisk's Wegovy. Interviews with a dozen company executives, analysts and investors showed pharmaceutical services companies jostling to secure more of the specialist work of filling the syringes used in the pens, a process known as fill-finish. "Every contract manufacturer that has sterile fill-finish capacity wants to add more, to get ahead, because it's not just about Wegovy anymore," said Tejas Savant, senior healthcare equity analyst at Morgan Stanley.  ( 34 min )
    Here’s When—and How—the S&P 500 Could Hit 10,000
    The tech industry will be key in pushing the S&P 500 the next 5,000 points higher—and to make stocks worth owning over safer assets, DataTrek Research says.  ( 21 min )
    Gold Gains as Attack on Israel Bolsters Metal’s Haven Status
    (Bloomberg) -- Gold rose on increased haven demand after tensions in the Middle East ramped up in the wake of the Hamas attack on Israel. Most Read from BloombergIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionAs Israel-Hamas War Rages, Oil Traders Focus on IranHamas Attack Prompts Blame Around Israeli IntelligenceHamas Attack Thrusts Palestinians Back Into Center of MideastIsraelis Taken Hostage Were Ripped From Everyday ActivitiesThe precious metal gained as much as 1.2% in early As  ( 32 min )
    Is the Stock Market Open Today? These Are the Columbus Day Trading Hours.
    Columbus Day, which falls on Oct. 9 this year and is observed annually on the second Monday of October, comes after a rocky week for the stock market.  ( 21 min )
    India’s Booming Stock Market Is Leaving China in the Dust
    The South Asian nation’s market has been a quiet outperformer for a decade. Now foreign investors are starting to pay attention.  ( 27 min )
    Investors should fight the temptation of cash
    High short-term interest rates are exacerbating a natural desire to hunker down but there are better options  ( 10 min )
    Safe-haven gold soars as investors bolt for safety from Middle East clashes
    Gold prices climbed more than 1% on Monday as dramatic clashes between Israeli and Hamas forces over the weekend raised the risk of a wider Middle East conflict and spurred a rush to safe haven investments like bullion. Israel pounded the Palestinian enclave of Gaza on Sunday, killing hundreds of people in retaliation for one of the bloodiest attacks in its history when Islamist group Hamas rampaged through Israeli towns on Saturday. Spot gold jumped 1% to $1,849.51 per ounce by 0317 GMT, having hit its highest level in a week.  ( 32 min )
    DOJ Wants to Block Sam Bankman-Fried From Bringing Up Anthropic AI Raise in Court
    The U.S Department of Justice wants the judge overseeing its case against Sam Bankman-Fried to block the defense team from introducing any evidence that his stake in artificial intelligence company Anthropic will benefit FTX creditors after the company's recent fundraise.  ( 31 min )
    China Stocks Slip as Traders Return From Golden Week Break
    (Bloomberg) -- Chinese stocks fell as traders returned from the Golden Week holidays, with tourism data trailing some expectations and global uncertainties denting sentiment.Most Read from BloombergIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionAs Israel-Hamas War Rages, Oil Traders Focus on IranHamas Attack Thrusts Palestinians Back Into Center of MideastIsraelis Taken Hostage Were Ripped From Everyday ActivitiesHamas Attack Prompts Blame Around Israeli IntelligenceThe CSI 300 Index  ( 31 min )
    ExxonMobil’s head of shale held on sexual assault charges
    David Scott’s arrest comes as the company is in talks to buy Permian Basin leader Pioneer  ( 6 min )
    Profit Warnings to Hit S&P 500 as High Rates Pinch Consumers
    (Bloomberg) -- US stocks reeling from the impact of high bond yields are facing a new threat from an expected slew of profit warnings, triggered by fading US consumer spending trends.Most Read from BloombergIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionAs Israel-Hamas War Rages, Oil Traders Focus on IranHamas Attack Prompts Blame Around Israeli IntelligenceIsraelis Taken Hostage Were Ripped From Everyday ActivitiesIsrael Latest: Scores of Civilians, Soldiers Kidnapped by HamasConcer  ( 34 min )
  • Open

    Dow Jones Today: Index Gains Nearly 200 Points Following Fed Comments
    The Dow Jones gained 197 points after Fed officials suggested the recent rise in Treasury yields could lessen the need for further rate hikes to curb inflation.  ( 1 min )
    S&P 500 Gains and Losses Today: Index Rebounds After Comments From Fed Officials
    The S&P 500 rebounded from earlier losses to finish 0.6% higher on Monday, Oct. 9, 2023 after Fed officials suggested the recent surge in Treasury yields could diminish the likelihood of further interest rate hikes to curb inflation.  ( 1 min )
    Markets Fall and Oil Prices Surge at Midday Amid Concerns About Conflict in Middle East
    U.S. equities were lower while oil prices climbed at midday on Monday, Oct. 9, 2023, amid concerns about conflict in the Middle East after fighting between Hamas and Israel broke out over the weekend.  ( 1 min )
    5 Things to Know Before Markets Open
    The United Auto Workers (UAW) union started a strike against Mack Trucks after rejecting a five-year contract with the Volvo Group-owned company, while stock futures were trading lower in the pre-market and oil prices climbed amid concerns about conflict in the Middle East. Here’s what investors need to know today.  ( 1 min )
  • Open

    Studieschuld neemt iets toe, rente loopt volgend jaar flink op
    De gemiddelde studieschuld is dit jaar met ruim 4 procent toegenomen. Vorig jaar was deze 16.400 euro, nu 17.100 euro. Daarnaast is er volgend jaar een behoorlijke stijging van de rente die over een studieschuld wordt betaald.  ( 9 min )
    Europese Commissie schort financiële hulp aan Palestijnen toch niet op
    De Europese Commissie schort de financiële hulp aan de Palestijnen toch niet op. Eerder op de dag liet de commissie weten dit juist wél te doen. Dit leverde veel vragen op. Zo had de commissie geen instemming van de EU-lidstaten.  ( 9 min )
    Gasprijs stijgt doordat Chevron productie gasveld in Israël staakt
    De gasprijs is in Europa verder gestegen, doordat het Amerikaanse energieconcern Chevron de opdracht kreeg om de productie bij een gasveld in Israël te staken. De Israëlische regering gaf deze order vanwege de onrust in de regio.  ( 8 min )
    EU stopt per direct met ontwikkelingshulp aan Palestijnse gebieden
    De Europese Commissie laat maandag weten dat de ontwikkelingshulp aan de Palestijnen onder de loep wordt genomen. Alle betalingen zijn onmiddellijk stopgezet.  ( 8 min )
    Bol.com gaat vanaf nu door het leven als bol
    Bol.com verandert van naam. De webshop gaat vanaf nu verder als bol, omdat het naar eigen zeggen niet langer duidelijk hoeft te maken dat het een online winkel is.  ( 8 min )
    Israëlisch gasveld in zicht van Gaza wordt gesloten vanwege raketdreiging
    Het Israëlische ministerie van Energie heeft opdracht gegeven om de productie in het Tamar-gasveld te staken vanwege onrust in de regio. Het gaat om een gasveld op zo'n 25 kilometer van de Middellandse Zeekust, binnen raketbereik van de Gazastrook.  ( 9 min )
    Econoom Claudia Goldin wint Nobelprijs voor historisch onderzoek naar loonkloof
    De Amerikaanse Harvard-econoom en historicus Claudia Goldin heeft de Nobelprijs voor de Economie gewonnen. Goldin verklaarde de loonkloof tussen vrouwen en mannen aan de hand van twee eeuwen geschiedenis. Ze is de derde vrouw ooit die deze Nobelprijs wint.  ( 10 min )
    Aantal grote distributiecentra nam in vijf jaar flink toe en blijft groeien
    Het Nederlandse landschap telt steeds meer grote distributiecentra die bovendien almaar groter worden, blijkt uit onderzoek van Planbureau voor de Leefomgeving. Dat is "het logische gevolg van beleid", terwijl de effecten op de omgeving niet altijd even prettig zijn.  ( 10 min )
    Aantal grote distributiecentra nam in vijf jaar met 40 procent toe
    Het Nederlandse landschap telt steeds meer grote distributiecentra die bovendien almaar groter worden, blijkt uit onderzoek van Planbureau voor de Leefomgeving. Dat is "het logische gevolg van beleid", terwijl de effecten op de omgeving niet altijd even prettig zijn.  ( 10 min )
    Centrale bank Israël grijpt in om eigen munt te steunen na aanval Hamas
    De Israëlische centrale bank gaat voor 30 miljard dollar (28,5 miljard euro) aan buitenlandse valuta verkopen. Daarmee wil ze de waarde van de eigen munt, de sjekel, op peil houden.  ( 8 min )
    Drankenmakers Nolet en Lucas Bols willen samen verdergaan
    Nolet uit Schiedam heeft een overnamebod van bijna 270 miljoen euro gedaan op drankenconcern Lucas Bols. Volgens de bedrijven moet daardoor een "Nederlandse kampioen" ontstaan op de internationale drank- en cocktailmarkt.  ( 9 min )
    Kinderen krijgen steeds jonger digitaal zakgeld, maar dat is niet zonder risico
    Kinderen krijgen hun zakgeld op steeds jongere leeftijd digitaal. Minder dan de helft van alle acht- en negenjarigen krijgt zakgeld nog contant. Digitaal bankieren is vaak gemakkelijker, maar brengt ook risico's met zich mee, waarschuwt budgetvoorlichter Nibud.  ( 10 min )
    Jeneverstokerij Nolet en Passoã-maker Lucas Bols willen samen verdergaan
    Jeneverstokerij Nolet uit Schiedam heeft een overnamebod van bijna 270 miljoen euro gedaan op drankenconcern Lucas Bols. Volgens de bedrijven moet daardoor een "Nederlandse kampioen" ontstaan op de internationale drank- en cocktailmarkt.  ( 9 min )
    Voormalig CDA-minister Tjerk Westerterp op 92-jarige leeftijd overleden
    Oud-verkeersminister Tjerk Westerterp is zondag op 92-jarige leeftijd overleden in zijn woonplaats Ulvenhout. De voormalige CDA'er was ook de bedenker van de AEX-index.  ( 8 min )
    Politiek brandt vingers niet aan personeelstekort
    Het is een van de grootste uitdagingen in onze economie: het vinden van geschikt personeel. Toch heeft geen enkele partij een oplossing voor de krapte op de arbeidsmarkt in zijn verkiezingsprogramma staan.  ( 10 min )
    Spaarvarken verleden tijd: kinderen krijgen zakgeld steeds vaker digitaal
    Kinderen krijgen hun zakgeld op steeds jongere leeftijd digitaal. Minder dan de helft van alle acht- en negenjarigen krijgt zakgeld nog contant. Digitaal bankieren is vaak gemakkelijker, maar brengt ook risico's met zich mee, waarschuwt budgetvoorlichter Nibud.  ( 10 min )
    Vakantieganger wordt minder milieubewust ondanks hittegolven en bosbranden
    Minder dan de helft (48 procent) van de vakantiegangers zegt bij het boeken van een reis rekening te houden met het milieu. Dat was vorig jaar nog 52 procent. Ook zijn minder mensen bereid extra te betalen voor duurzame vakanties.  ( 9 min )
    Oplossing voor personeelstekort nauwelijks te vinden in verkiezingsprogramma's
    Het is een van de grootste uitdagingen in onze economie: het vinden van geschikt personeel. Toch heeft geen enkele partij een oplossing voor de krapte op de arbeidsmarkt in zijn verkiezingsprogramma staan.  ( 10 min )
  • Open

    Tesla's Sales of China-Made EVs Slumped in September
    Sales of Tesla's China-made EVs dropped 12% in September from August and were down 10.9% from a year ago.  ( 1 min )
    Citi Sells Off China Consumer Unit as It Simplifies Its Business
    Citigroup said it would sell its consumer wealth portfolio in China to HSBC Bank China as the financial firm continues to shed overseas assets in an effort to shrink the size of its operations.  ( 1 min )
    Bristol-Myers Squibb Buys Mirati Therapeutics to Boost Cancer Drug Portfolio
    Bristol-Myers Squibb agreed to pay up to $5.8 billion for Mirati Therapeutics to boost its portfolio of cancer-fighting treatments.  ( 1 min )
    UAW Members Strike Against Mack Trucks After Rejecting Tentative Deal
    The United Auto Workers union started a strike against Mack Trucks after rejecting a tentative deal with the company owned by Volvo Group.  ( 1 min )

  • Open

    Could the Israel-Hamas war mean $5-a-gallon gas prices at the pump?
    The surprise attack on Israel by Hamas could bring a spike in oil and gas prices, especially if the conflict escalates, analysts say.  ( 34 min )
    These 8%-Yielding Dividend Stocks Look Very Attractive Right Now, Goldman Sachs Says
    “The Federal Reserve will hold its penultimate FOMC meeting on October 31-November 1, and the odds that they’ll institute another interest rate hike have just jumped. The September jobs report came in, showing employment levels far above the forecast – 336,000 new jobs in the month, compared to the 170,000 expected – and that means increased inflationary pressures. Analysts now put the odds of a quarter-percent rate hike at 29%. The messages here are mixed. The jobs numbers look good – but incre  ( 35 min )
    U.S. stocks skid, oil surges on Middle East uncertainty
    U.S. stock futures slipped in Asia on Monday as the military conflict in the Middle East boosted oil and Treasuries, while the sizzling September U.S. jobs report raised the rate stakes for inflation figures later in the week. A holiday in Japan made for thin conditions but the early bid was for bonds and the safe harbours of Japanese yen and gold, with the euro the main loser. "The risk is higher oil prices, a slump in equities, and a surge in volatility that supports the dollar and yen, and undermine 'risk' currencies," said analysts at CBA in a note.  ( 33 min )
    Stock Futures Fall as Oil Prices Spike
    The price of oil jumped more than 3% in Sunday evening trading after conflict erupted in the Middle East this weekend.  ( 15 min )
    Oil Surges After Hamas Attack, Asia Stocks to Gain: Markets Wrap
    (Bloomberg) -- Asian stocks look set to gain following a rebound on Wall Street Friday, while the dollar climbed as currency traders reacted to a shock attack by Hamas within Israel that left hundreds dead.Most Read from BloombergIsrael Latest: Israel Death Toll Rises to 700; US Sends CarrierAs Israel-Hamas War Rages, Oil Traders Focus on IranHamas Attack Prompts Blame Around Israeli IntelligenceIsrael Latest: Scores of Civilians, Soldiers Kidnapped by HamasIsraelis Taken Hostage Were Ripped Fro  ( 33 min )
    Bristol Myers Squibb to Acquire Mirati Therapeutics in Deal Worth Up to $5.8 Billion
    The deal expands the pharmaceutical company’s portfolio of cancer drugs.  ( 26 min )
    Oil Traders on Edge as Gasoline Demand Shows Signs of Cracking
    (Bloomberg) -- One of the oil market’s most controversial data points of recent years — a measure of how much gasoline Americans consume — is pointing to a crash in demand that’s alarming traders the world over.Most Read from BloombergIsrael Latest: Israel Death Toll Rises to 700; US Sends CarrierAs Israel-Hamas War Rages, Oil Traders Focus on IranHamas Attack Prompts Blame Around Israeli IntelligenceIsrael Latest: Scores of Civilians, Soldiers Kidnapped by HamasIsraelis Taken Hostage Were Rippe  ( 34 min )
    Bristol-Myers Squibb to acquire Mirati in $5.8 billion deal
    Bristol-Myers Squibb is set to acquire cancer drugmaker Mirati Therapeutics for $58 per share in cash, representing $4.8 billion equity value. Bristol-Myers Squibb will finance the transaction with a combination of cash and debt. The transaction is expected to be dilutive to Bristol-Myers Squibb's non-GAAP earnings per share by approximately 35 cents per share in the first 12 months after the transaction closes.  ( 31 min )
    What Israel-Hamas war means for oil prices: ‘There is definitely going to be a fear trade put in place’
    “Iran remains a very big wild card,” said Helima Croft, chief commodities strategist at RBC Capital Markets.  ( 32 min )
    Middle East conflict adds new risks to global economic outlook
    The outbreak of military conflict in the Middle East may leave central bankers battling new inflationary trends as well as deal a blow to economic confidence at a time when they had expressed growing hope about containing the price surge sparked by the pandemic and Russia's 2022 invasion of Ukraine. The stunning violence in Israel, with hundreds killed as fighters from the Hamas movement invaded from their Gaza enclave and Israel responded in force, added the possibility of a broader Middle East conflict to the sense of global instability sparked by Russian military actions almost 20 months ago. "It’s too early to say" what the implications may be, though oil and equity markets may see immediate fallout, Agustin Carstens, general manager of the Bank for International Settlements, said in a presentation to the National Association for Business Economics.  ( 33 min )
    Dollar Climbs as Traders Seek Safe Havens After Attack in Israel
    (Bloomberg) -- The dollar climbed against its major peers in early trading on Monday as currency traders got their first chance to react to a shock attack by Hamas within Israel.Most Read from BloombergIsrael Latest: Israel Death Toll Rises to 700; US Sends CarrierAs Israel-Hamas War Rages, Oil Traders Focus on IranHamas Attack Prompts Blame Around Israeli IntelligenceIsrael Latest: Scores of Civilians, Soldiers Kidnapped by HamasIsraelis Taken Hostage Were Ripped From Everyday ActivitiesThe gre  ( 33 min )
    It's not just stocks - high bond yields are also laying waste to commodities, currencies, and housing
    No content preview
    Why Do Bitcoins Have Value?
    Bitcoin is touted as a private, decentralized digital currency. But what gives the leading cryptocurrency value?  ( 24 min )
    Las Vegas casino stocks are flirting with a bear market. That might be a sign an economic downturn is coming.
    No content preview
    JPMorgan Chase, Pepsi, Delta, and More Stocks to Watch This Week
    The week brings earnings reports from big banks, as well as from UnitedHealth, Delta, Domino's, and more. Economic releases include the Fed minutes, the consumer price index, and the producer price index.  ( 19 min )
    Who profits most from America’s baffling health-care system? Not Big Pharma.
    Over the past decade, a handful of intermediaries have increased their presence in the US's vast health-care industry.  ( 37 min )
    AI is a 'top investment priority' for CEOs: KPMG survey
    72% of US CEOs rank artificial intelligence as a top investment priority for their company.  ( 33 min )
    Investors brace for jump in oil prices after Israel declares war on Hamas
    Investors are braced for a jump in oil prices after Israel declared war on Hamas, sparking fears of a “spiralling” crisis across the Middle East.  ( 34 min )
    Europe’s money-printing spree risks ending in bailouts, analysts warn
    Europe’s money-printing spree risks triggering bailouts across the Continent as governments pay the price of a decade of cheap money.  ( 32 min )
    Renewable energy stocks plunge as going green gets 'expensive'
    Renewable stocks are plummeting as investors bet going green will take longer and cost more in a "higher-for-longer" interest rate environment.  ( 34 min )
    Temporary Tax Plan Could Boost Your Standard Deduction By Up to $4,000
    A House panel has passed a bill that would temporarily expand the standard tax deduction used by the majority of taxpayers by $2,000 per person for the next two years. The Tax Cuts for Working Families Act (H.R.3936) recently approved by … Continue reading → The post Temporary Tax Plan Could Boost Your Standard Deduction By Up to $4,000 appeared first on SmartAsset Blog.  ( 33 min )
    Bank of America analysts see no housing crash like in 2008
    Instead, the housing market is similar to 1980.  ( 35 min )
    Stock Market Holidays 2023: Is Wall Street Closed For Columbus Day?
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    This Is How Much New Financial Advisors Make in the U.S.
    Entering the field of financial advising can be lucrative, but earnings vary widely depending on factors like education, certification, firm, location and clientele. Experience is one of the most important drivers of financial advisor compensation, with veteran advisors typically able to bring home several times the earnings of newcomers to the field. Understanding the salary […] The post Starting Salaries for New Financial Advisors in the U.S. appeared first on SmartReads by SmartAsset.  ( 33 min )
    How Anyone (Yes, Even You) Can Build Wealth With an Inheritance
    Money passed down to the next generation comes with feelings of gratefulness, loss and responsibility. In addition, receiving an inheritance worth hundreds of thousands of dollars can be jarring. It offers an extraordinary opportunity to secure your financial future, but doing so requires knowledge and discipline. From assessing your current financial standing to deploying savvy […] The post How to Build Wealth With an Inheritance appeared first on SmartReads by SmartAsset.  ( 35 min )
    Do Only Rich Families Have a Family Limited Partnership?
    A family limited partnership (FLP) is a complex structure that serves a strategic purpose for individuals desiring to manage and protect family assets, limit liability and potentially secure tax benefits. This article targets families interested in estate planning, providing a comprehensive understanding of how FLPs function, their advantages and disadvantages, as well as tips on […] The post What Is a Family Limited Partnership? appeared first on SmartReads by SmartAsset.  ( 34 min )
    Vanguard Finds Only Top Earners Are Financially on Track for Retirement
    Only top earners may be financially on track for retirement, according to Vanguard, which found investing played a key role in their ability to grow wealth.  ( 18 min )
    A key inflation gauge and bank earnings: What to know this week
    After a robust September jobs report the latest read on inflation awaits in the week ahead as inflations decipher whether the economy is headed for a soft landing.  ( 36 min )
    Goldman Sachs Says Buy These 2 Tech Giants as the Upcoming Earnings Season Is a Potential Catalyst
    Most of 2023 has been defined by the big tech stocks driving bullish sentiment and overcoming 2022’s bear market. That said, since about halfway through the summer, the bull market has been on pause with the prospect of interest rates remaining high for longer than expected, among other macro factors, putting a dampener on proceedings. Still, going by the past week’s performance, there are signs the bulls’ charge is about to resume in earnest. In fact, with Q3 earnings season about to commence,  ( 36 min )
    Warren Buffett Stock Mulled Buying Fellow Berkshire Hathaway Holding
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    The big bank CEOs who are under the most pressure right now
    Some of the nation's biggest bank CEOs are navigating through one of the most challenging periods since the aftermath of the 2008 financial crisis.  ( 36 min )
    How's your 401k doing after 2022? For retirement-age Americans, not so well
    Younger investors have brushed off the market losses of 2022. Many older investors have not  ( 35 min )
    The New Kings of Wall Street Aren’t Banks. Private Funds Fuel Corporate America.
    With interest rates at multiyear highs, hedge funds and private-equity firms are pushing banks aside and financing one jumbo loan for American corporations after another.  ( 24 min )
    Wall Street Is Worried the Bear Market Has ‘Unfinished Business’
    (Bloomberg) -- It was supposed to be one of the greatest stock-market comebacks of all time. But after a summer slump, there’s a nagging fear it might just keep slipping away. Most Read from BloombergIsrael Latest: Scores of Civilians, Soldiers Kidnapped by HamasHamas Attack Prompts Blame Around Israeli IntelligenceIsrael Latest: Evacuations Ordered for Communities Near GazaBiden Says Israel Under Terrorist Attack, Pledges US SupportShock Incursion on Weakened Israel Imperils Regional Geopolitic  ( 34 min )
    Rate Cliff Awaits Global Economy After Higher-for-Longer Plateau
    (Bloomberg) -- The new higher-for-longer stage of global monetary policy may last only until the early months of 2024 as central banks begin moving toward cutting borrowing costs. Most Read from BloombergIsrael Latest: Scores of Civilians, Soldiers Kidnapped by HamasHamas Attack Prompts Blame Around Israeli IntelligenceIsrael Latest: Evacuations Ordered for Communities Near GazaBiden Says Israel Under Terrorist Attack, Pledges US SupportShock Incursion on Weakened Israel Imperils Regional Geopol  ( 51 min )
    The Top Stock Funds Over the Past Year Had One Thing in Common: Nvidia
    Shares of the chip maker were big holdings of the large-cap growth funds that led gainers over the past 12 months.  ( 28 min )
    Cannabis firms are cut off from the US financial system, but relief is in sight
    US Senate is eyeing a bill that would allow banks to do business with cannabis companies – now, if only they would vote on it  ( 33 min )
    Meatpacking Plant Closures Cut Deep for Small-Town Economies
    Tyson Foods and other meat processors are closing plants amid high costs and falling demand, spelling economic turbulence for the communities where the plants are major employers.  ( 27 min )
    Citigroup Stock Looks Ready to Soar, Says Value-Investing Star
    Edgar Wachenheim III’s Greenhaven Associates sold Bank of America stock to allocate more money into Citigroup, whose “quality is much better than its reputation.”  ( 22 min )
    Evergrande's $500 million EV share deal suspended, stock to resume trading
    A share sale plan between China Evergrande New Energy Vehicle Group, the electric-vehicle arm of embattled property developer China Evergrande and U.S.-listed NWTN has been halted, according to a Hong Kong bourse stock filing on Sunday. The suspension of the share subscription deal was due to "significant uncertainties" tied to the Evergrande group, the filing by the Chinese firm said. Previously, Evergrande said investigations had been initiated against the parent company, its founder and senior executives, while the firm's debt restructuring plan has also been derailed.  ( 32 min )
    The Federal Deficit (Debate) Is Out of Control
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    How the energy industry turned against net zero levies on bills
    When green levies began being added on to household power bills at the start of the millennium, the power industry cheered the policy as a leg-up for clean energy projects such as wind and solar.  ( 34 min )
    Tesla's China-made EV sales volume falls 10.9% year-on-year in Sept
    U.S. automaker Tesla sold 74,073 China-made electric vehicles (EVs) in September, a 10.9% decrease from a year earlier, showed data from the China Passenger Car Association (CPCA) on Sunday. Sales of China-made Model 3 and Model Y cars were down 12.0% from a month earlier. Chinese rival BYD, with its Dynasty and Ocean series of EVs and petrol-electric hybrid models, saw passenger vehicle deliveries grow 42.8% to 286,903 last month, from 200,973 in September last year.  ( 31 min )
    As Israel War Rages, Oil Traders Are Focused on Iran
    (Bloomberg) -- As oil traders prepare for the market to open after the sudden eruption of war in Israel, one question is key: will the conflict spread to the rest of the region?Most Read from BloombergIsrael Latest: Scores of Civilians, Soldiers Kidnapped by HamasHamas Attack Prompts Blame Around Israeli IntelligenceBiden Says Israel Under Terrorist Attack, Pledges US SupportShock Incursion on Weakened Israel Imperils Regional GeopoliticsHamas Just Torched Biden’s Deal to Remake the Middle EastC  ( 34 min )
    Big-Company Bankruptcies Hang Over Economy
    Businesses that loaded up on debt when interest rates were lower now face a growing risk of failure.  ( 26 min )
    Investors Hope Earnings Season Will Revive Stocks
    Because a majority of companies historically beat expectations, some investors think the third quarter could see the first earnings growth in a year.  ( 26 min )
    Super Micro Computer: Relentless Inflows Send Shares Soaring
    Super Micro Computer Inc. (SMCI) shares are booming, up 253% in 2023. Mega demand for the stock is powering the surge.  ( 32 min )
    Synopsys: Relentless Inflows Send Shares Soaring
    Synopsys Inc. (SNPS) shares are booming, up 48% in 2023. Mega demand for the stock is powering the surge.  ( 32 min )
    Euro Parity Is Back on the Market’s Radar as US Yields Surge
    (Bloomberg) -- It’s been less than a year since one euro was worth a dollar, and talk of the common currency falling back to that level is once again creeping into the market’s discourse.Most Read from BloombergIsrael Latest: Scores of Civilians, Soldiers Kidnapped by HamasHamas Attack Prompts Blame Around Israeli IntelligenceBiden Says Israel Under Terrorist Attack, Pledges US SupportShock Incursion on Weakened Israel Imperils Regional GeopoliticsHamas Just Torched Biden’s Deal to Remake the Mi  ( 34 min )
    Not All Home Buyers Are Spooked by Today’s Mortgage Rates. They Have 2 Outs.
    Among the buyers still in the market are those relocating from more expensive places or taking advantage of less competition.  ( 22 min )
    Is Britain heading for another Black Monday?
    Even almost four decades later, it remains an event scarred into the memory of the financial markets. After a violent storm had ripped across the country, knocking down trees and shuttering roads, trading systems that still relied on brokers shouting at each other across open floors had closed early for the weekend as the damage was cleared up.  ( 40 min )
    Wall Street Isn’t Sure It Can Handle All of Washington’s Bonds
    Investors long shrugged off U.S. deficits, but a torrent of Treasurys is testing the bond market.  ( 27 min )
    Autopay Is Making Us Worse at Managing Credit-Card Bills
    The set-it-and-forget-it approach can lead consumers to paying more in interest charges.  ( 26 min )
    China Markets Face Choppy Return From Holidays as Risks Abound
    (Bloomberg) -- Chinese markets are set to reopen after the Golden Week holidays against an uncertain global market backdrop, which may temper optimism from the spending boom at home.Most Read from BloombergIsrael Latest: Scores of Civilians, Soldiers Kidnapped by HamasHamas Attack Prompts Blame Around Israeli IntelligenceBiden Says Israel Under Terrorist Attack, Pledges US SupportShock Incursion on Weakened Israel Imperils Regional GeopoliticsHamas Just Torched Biden’s Deal to Remake the Middle  ( 33 min )
  • Open

    How to File for Student Loan Bankruptcy
    The process for filing for student loan bankruptcy is more complex than the process for discharging other types of debt. Learn how to file and what debt qualifies.  ( 31 min )
    What Is the CARES Act?
    The Coronavirus Aid, Relief, and Economic Security (CARES) Act was a $2 trillion package of emergency assistance approved in 2020 in response to COVID-19.  ( 36 min )
    What Are Single-Stock ETFs?
    Single-stock ETFs are a new exchange-traded product that allows for leveraged or inverse trading of single stocks.  ( 25 min )
    Why Do Bitcoins Have Value?
    Bitcoin is touted as a private, decentralized digital currency. But what gives the leading cryptocurrency value?  ( 24 min )
    Halloween Massacre Definition
    The Halloween Massacre refers to Canada’s 2006 decision to tax all income trusts domiciled in Canada.  ( 23 min )
    What Is Cyber Monday, History and Milestones?
    Cyber Monday is the Monday following American Thanksgiving, representing the day online retailers offer deep discounts.  ( 25 min )
    Travis Kelce's Net Worth—He's Even More Popular Thanks to Taylor Swift Rumors
    Kansas City Chiefs tight end, Travis Kelce, has been even more popular lately thanks to his rumored relationship with pop superstar Taylor Swift. The NFL star has a net worth of $30 million and makes millions off the field with savvy business ventures and partnerships.  ( 19 min )
    Vanguard Finds Only Top Earners Are Financially on Track for Retirement
    Only top earners may be financially on track for retirement, according to Vanguard, which found investing played a key role in their ability to grow wealth.  ( 17 min )
    Should You Refinance Your Student Loans?
    Refinancing can lower your student loan payments. But does it make sense for your financial situation?  ( 25 min )
    Benefits for Active Traders Who Incorporate
    Trading through a separate business structure allows active traders access to all of the tax mitigation and asset protection strategies available.  ( 27 min )
    Trading Volume: Analysis and Interpretation
    Trading volume is the number of shares of a security traded over a given period of time. Investors use this technical indicator to analyze trends and make decisions.  ( 23 min )
    Stockholders' Equity: What It Is, How to Calculate It, Examples
    Stockholders' equity is the remaining amount of assets available to shareholders after paying liabilities. Learn how to calculate stockholders’ equity.  ( 25 min )
    The Impact of Canceling Student Debt
    President Joe Biden suggested a plan to cancel between $10,000 and $20,000 of student debt for eligible borrowers. Here's how that would have impacted people in the U.S.  ( 26 min )
    Gift of Equity: What It Is, How It Works, Taxes, and Pros & Cons
    A gift of equity is the sale of a home below the current market value. The buyer is usually someone with whom the seller has a familial relationship.  ( 28 min )
  • Open

    Topman Tata Steel zegt dat staalindustrie zonder uitstoot onmogelijk is
    Een uitstootvrije staalfabriek is nergens ter wereld mogelijk, zei topman T.V. Narendran van het Indiase Tata Steel zondag in het tv-programma Buitenhof. Hij heeft grote twijfels of Tata bij IJmuiden in 2030 zonder kolen kan werken, zoals D66 wil.  ( 10 min )
    Topman Tata Steel: staalindustrie zonder uitstoot is onmogelijk
    Een uitstootvrije staalfabriek is nergens ter wereld mogelijk. Dat zei topman T.V. Narendran van het Indiase Tata Steel zondag in het tv-programma Buitenhof. Hij heeft grote twijfels of Tata bij IJmuiden in 2030 zonder kolen kan werken, zoals D66 wil.  ( 9 min )
    NU+ | Pesten op TikTok: 'Empathisch vermogen is niet ontwikkeld in die koppies'
    Roddelen over klasgenoten en elkaar uitdagen om extreme dingen te doen. Op socialemediaplatforms als TikTok en Snapchat gebeurt het regelmatig. Grenzen opzoeken hoort ook gewoon bij volwassen worden, zeggen experts. Of dat nou offline gebeurt of op apps.  ( 9 min )
    Verliezen op Israëlische en Saoedische beurs na aanval van Hamas
    De beurs van Tel Aviv is zondagochtend hard gedaald na de aanval van Hamas op Israël van een dag eerder. De belangrijkste index is 7,5 procent van zijn waarde verloren, de sterkste neergang in zeker drie jaar tijd.  ( 8 min )
    Het buitenland lonkt naar de slimme spaarder, maar weinigen maken de stap
    Banken verdienen steeds meer aan het uitlenen van het geld dat op onze spaarrekeningen staat. Terwijl de rente op ons spaargeld maar mager is. Meer spaarrente ontvangen? Daarvoor moet je over enkele drempels en mogelijk landsgrenzen heen.  ( 11 min )
    NU+ | Denk aan je privacy, vul niet lukraak ieder veld van een contactformulier in
    Op veel websites kun je contact opnemen met de website-eigenaar via een contactformulier. Handig, maar volgens experts word je regelmatig verplicht om meer gegevens in te vullen dan echt noodzakelijk is. Bij een datalek vergroot dat de schade.  ( 9 min )

  • Open

    The Impact of Coronavirus Relief Bills on Your Finances
    While many COVID relief measures have expired, some remain in place.  ( 42 min )
    Student Loan Debt: 2023 Statistics and Outlook
    Student loan debt reached $1.63 trillion in 2023 and the Supreme Court has taken steps to prevent it from being eliminated. Here's who owes what and why.  ( 28 min )
    The 50/30/20 Budget Rule Explained With Examples
    Learn about Elizabeth Warren's 50/20/30 budget rule; a simple and effective plan for personal money management and wealth creation.  ( 26 min )
    What Is the Formula for Calculating Free Cash Flow?
    The free cash flow (FCF) formula calculates the amount of cash left after a company pays operating expenses and capital expenditures. Learn how to calculate it.  ( 28 min )
    CEOs Say Political Uncertainty Poses Greatest Risk to Business Growth
    CEOs said geopolitics and political uncertainty could pose the greatest threat to business growth in the next three years, according to a KPMG survey.  ( 17 min )
    Equity Financing vs. Debt Financing: What's the Difference?
    Companies usually have a choice between debt financing or equity financing, with advantages and disadvantages to each.  ( 25 min )
    Student Loan Forbearance: Pros and Cons
    Here are the pros and cons of temporarily suspending your student loan payments.  ( 27 min )
    Term of the Week: October Effect
    After a rough September for U.S. equities, some investors might be apprehensive about whether the October Effect could negatively impact their portfolios, but historical market data doesn’t support the idea of an October Effect.  ( 17 min )
    What Happens When Your Student Loans Are Forgiven?
    While not every borrower will qualify for any student loan forgiveness, there's typically no harm in applying, and it could benefit your overall financial health.  ( 29 min )
    How Do Open Market Operations Affect the U.S. Money Supply?
    The Federal Reserve's open market operations—the purchase or sale of government bonds and other securities—can push interest rates and the money supply lower or higher.  ( 26 min )
    Ricardo-Barro Effect: Meaning, Arguments Against, Evidence
    According to the Ricardo-Barro effect, also known as Ricardian equivalence, increased debt-financed government spending leaves demand unchanged.  ( 22 min )
    7 Steps to Selling Your Small Business
    Selling your small business is often a complex venture. These seven considerations can help you build a solid plan for profit and lead to success.  ( 28 min )
    True Cost Economics: What It Is, How It Works
    True cost economics is an economic model that seeks to include the cost of negative externalities into the pricing of goods and services.  ( 21 min )
    Managing Your Student Loans During College
    Paying student loan interest during school will help you start your adult life with less debt. But it's not always the best decision.  ( 28 min )
    Auto Sales Definition
    The term “auto sales” refers to the number of cars sold in the United States. Occasionally, the term will also be used to refer to the sale of light trucks.  ( 23 min )
    Accountability: Definition, Types, Benefits, and Example
    Accountability is the acceptance of responsibility towards other parties. Read about corporate, government, and political accountability.  ( 28 min )
    How to Reinvest Dividends from ETFs
    Learn about reinvesting ETF dividends, including the benefits and drawbacks of dividend reinvestment plans (DRIPs) and manual reinvestment.  ( 23 min )
  • Open

    Here are all the ways market history is repeating itself amid panic over surging bond yields
    No content preview
    Wall Street's dream scenario is dead
    No content preview
    The bond market meltdown is going to get worse before it gets better
    Market veterans said Treasury yields could soar to 5.5%, and ongoing political drama paired with Fed policy could culminate in a 2024 recession.  ( 33 min )
    US Core Inflation Seen Corroborating Higher-for-Longer Fed
    (Bloomberg) -- Underlying US inflation is seen rising at a monthly pace that corroborates the message from central bankers that interest rates will need to stay higher for longer.Most Read from BloombergIsrael Latest: Army Says Situation Not Yet Under ControlHamas Attack Prompts Blame Around Israeli IntelligenceShock Incursion on Weakened Israel Imperils Regional GeopoliticsBiden Says Israel Under Terrorist Attack, Pledges US SupportHamas Just Torched Biden’s Deal to Remake the Middle EastThe co  ( 35 min )
    Deepening Bond Rout Has BlackRock, Columbia Favoring Short End
    (Bloomberg) -- Bond investors are coalescing around a segment of the Treasuries market that offers a measure of protection from this year’s brutal rout and also positions them for the recession that some still anticipate.Most Read from BloombergIsrael Latest: Israeli Deaths Rise to 200 as Warplanes Bomb GazaSurprise Attack on Weakened Israel Imperils Regional GeopoliticsThe 5% Bond Market Means Pain Is Heading Everyone’s WayThe Moral Case for No Longer Engaging With Elon Musk’s XHamas Just Torch  ( 34 min )
    12 Stock Picks From Our Healthcare Roundtable Pros. Weight Loss Isn’t the Only Big Deal in Medicine.
    Weight-loss treatments aren’t the only big deal in medicine. Barron’s 2023 healthcare roundtable explores the best investing opportunities. Where our panelists see bargains now.  ( 105 min )
    Top in-demand jobs and salaries
    Job growth in America is going gangbusters with over 336,000 positions added in September and a new salary guide highlights the in-demand roles and salaries.  ( 31 min )
    Fading Optimism on Rates Signals Trouble Ahead for $425 Billion Debt Wall
    (Bloomberg) -- Friday’s sizzling jobs report is bolstering the probability of another Federal Reserve rate increase this year, adding to pain in credit markets that are already getting hurt by a year-long jump in yields. Most Read from BloombergIsrael Latest: Biden Says US Support Amid Crisis Is ‘Unwavering’Surprise Attack on Weakened Israel Imperils Regional GeopoliticsThe 5% Bond Market Means Pain Is Heading Everyone’s WayThe Moral Case for No Longer Engaging With Elon Musk’s XHamas Just Torch  ( 35 min )
    Volkswagen, Umicore venture picks Poland for first car battery parts plant
    The auto battery parts joint venture between Volkswagen's PowerCo and Belgian materials firm Umicore has chosen Poland as the site for its first factory, PowerCo said on Saturday. Through the $2.9 billion joint venture, dubbed Ionway, first flagged in December 2021, the companies are joining a number of European automakers that have brought battery supplies closer to home in the shift towards electric vehicles.  ( 32 min )
    What Is the Formula for Calculating Free Cash Flow?
    The free cash flow (FCF) formula calculates the amount of cash left after a company pays operating expenses and capital expenditures. Learn how to calculate it.  ( 28 min )
    Term of the Week: October Effect
    After a rough September for U.S. equities, some investors might be apprehensive about whether the October Effect could negatively impact their portfolios, but historical market data doesn’t support the idea of an October Effect.  ( 18 min )
    Retirement tips: Why we often struggle to pivot from saving to spending
    Here are some of the experts' greatest tips for a smooth retirement.  ( 34 min )
    Fed’s Bowman Sees Need for Higher Rates to Curb Prices
    (Bloomberg) -- Federal Reserve Governor Michelle Bowman said she’s sticking with her call that interest rates will likely need to increase further to return inflation to the Fed’s 2% goal quickly.Most Read from BloombergIsrael Latest: Netanyahu, Biden Speak With Nation on War FootingThe 5% Bond Market Means Pain Is Heading Everyone’s WaySurprise Attack on Weakened Israel Imperils Regional GeopoliticsThe Moral Case for No Longer Engaging With Elon Musk’s XBlackstone’s Billion-Dollar Bet on Hollyw  ( 31 min )
    The IRS is going after scammy firms pushing a small business tax credit
    The IRS may bring criminal charges against ERC companies that allegedly were persuading small business owners to fraudulently claim the credit.  ( 35 min )
    Exxon CEO’s Quest for Mega Deal Is a Bet on Oil’s Staying Power
    (Bloomberg) -- Exxon Mobil Corp. boss Darren Woods is poised to emulate his two predecessors with a career-defining mega deal that — for better or worse — would likely transform the oil giant.Most Read from BloombergIsrael Latest: Netanyahu, Biden Speak With Nation on War FootingThe 5% Bond Market Means Pain Is Heading Everyone’s WaySurprise Attack on Weakened Israel Imperils Regional GeopoliticsThe Moral Case for No Longer Engaging With Elon Musk’s XBlackstone’s Billion-Dollar Bet on Hollywood,  ( 35 min )
    Should I Really Invest in Stocks? Weighing the Pros & Cons
    Investing in stocks refers to the practice of purchasing shares of a company with the anticipation that these ownership stakes will appreciate in value over time. However, like any investment, it carries inherent risks and uncertainties. In the face of an ever-changing financial landscape influenced by factors like economic policies, technological advancements and global events, […] The post Pros and Cons of Investing in Stocks appeared first on SmartReads by SmartAsset.  ( 35 min )
    Real Estate Crowdfunding vs. Real Estate Investment Trusts (REITs): Weighing the Pros & Cons
    Investing in real estate is an attractive venture for both seasoned and novice investors due to its stability and the potential for substantial returns. However, the traditional approach of purchasing property isn’t the only way to add real estate exposure to your portfolio. Real estate crowdfunding and real estate investment trusts (REITs) are two popular […] The post Real Estate Crowdfunding vs. Real Estate Investment Trusts (REITs) appeared first on SmartReads by SmartAsset.  ( 34 min )
    How Is My Life Insurance Policyholder Dividend Income Taxed?
    Life insurance policy dividends are returns on premiums that a policyholder receives from the insurance company when it has surplus earnings. As a general rule, life insurance policy dividends are not taxable as these are considered as return of premium. This means that policyholders can receive dividends without worrying about an added tax burden. However, […] The post How Is Life Insurance Policyholder Dividend Income Taxed? appeared first on SmartReads by SmartAsset.  ( 33 min )
    What Are The Tax Consequences of Transferring Stock to a Trust?
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    Will I Owe Taxes on Restricted Stock Units (RSUs)?
    Restricted stock units (RSUs) are a form of equity compensation that companies often grant to employees as part of their overall compensation packages. The taxation of RSUs in the United States is subject to specific rules, and the timing and amount of taxes owed can vary based on several factors. Here’s what you need to […] The post How Are Restricted Stock Units (RSUs) Taxed? appeared first on SmartReads by SmartAsset.  ( 34 min )
    Should I Invest In Private or Public REITs (Or Both)?
    Real estate investment trusts (REITs) are a popular choice for investors looking to add real estate exposure to their portfolios without the hassle of owning physical properties. These entities pool money from investors to buy and manage real estate, and return a portion of the profits to those shareholders. However, it's important to distinguish private […] The post Investing in Private REITs vs. Public REITs appeared first on SmartReads by SmartAsset.  ( 36 min )
    May Mobility is trying to solve self-driving — one shuttle at a time
    The Ann Arbor, Mich.-based autonomous ridesharing transit company, operates self-driving shuttles in several locations.  ( 34 min )
    ‘Made in USA’ Revival Sparks Building Boom, 506% Rally in Value
    (Bloomberg) -- When Sterling Infrastructure Inc. Chief Executive Officer Joe Cutillo first started telling Wall Street that factories would return to the US, everybody thought he was crazy. Most Read from BloombergIsrael Latest: PM Says Nation Is at War After Deadly IncursionThe 5% Bond Market Means Pain Is Heading Everyone’s WayThe Moral Case for No Longer Engaging With Elon Musk’s XBlackstone’s Billion-Dollar Bet on Hollywood, Reese Witherspoon Falls ShortFake Mansions and Rent-Stabilized Unit  ( 33 min )
    Kaiser Workers End 3-Day Strike. November Could See ‘Stronger’ Union Action.
    Contract talks are scheduled to begin again Thursday.  ( 17 min )
    Student loans: Borrowers should beware of 'Biden loan forgiveness' scams
    The restart in loan payments this month could make it harder for borrowers to distinguish between a legitimate company and scammers.  ( 33 min )
    Financial experts say we need to stop living in a ‘YOLO economy.’ They share 5 ways to rein in spending
    How to reset your finances after a spend-y summer.  ( 35 min )
    Meta, CME Lead Top Stocks Breaking Out With This Bullish Trait
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    Tapping your 401(k) early to pay bills? There may be another way.
    Help may be on the way for Americans who have been draining their retirement funds to pay bills.  ( 34 min )
    Britain’s pork pie supply at risk as rising costs bite
    Britain’s pork pie supply could be hit by a slowdown after a leading UK food manufacturer warned it could scale back production.  ( 31 min )
    Surging bond yields add to Canadian homeowners' mortgage pain as renewals loom
    The roughly 75,000 Canadian homeowners awaiting mortgage renewal notices next month are bracing for a shock interest rate jump due to a surprise global bond rally, which will further squeeze already tight household budgets. In Canada, homeowners can take out five-year mortgages, unlike in the U.S. where customers can snag a 30-year mortgage. This means many Canadians who locked into sub 2% fixed-rate mortgages five years back are preparing for renewal letters with a steep rise in interest rates, made worse by the bonds rally.  ( 33 min )
    How a fight over two jobs pushed the dockworker union into bankruptcy
    The ILWU recently ratified a labor agreement with West Coast shipping companies. But a lawsuit at the Port of Portland has the union filing for bankruptcy.  ( 32 min )
    Alibaba closes social science institute that Jack Ma once hoped would exist for 300 years
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    China's EV war: only the strongest will survive as BYD, Xpeng's dominance knock out 15 pretenders amid supply glut
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    Here’s How FTX Executives Secretly Spent $8 Billion in Customer Money
    Billions went to personal loans, luxury real estate and donations.  ( 26 min )
    US stocks jump, reversing up after bond yields come off highs
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    The Oil Patch Is Primed for an Era of Megadeals
    A tie-up between Exxon and Pioneer would put pressure on Chevron and other rivals to pursue deals of their own.  ( 29 min )
    China’s Factory Floor Is Moving—But Not to India or Mexico
    Companies seeking alternatives to China are finding the country’s vast interior still holds big advantages.  ( 27 min )
    Here's why it's so dangerous for Wall Street to bet against the American consumer
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    Bond yields could hit 6% as the Fed is going to keep hiking rates until something breaks, research firm says
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    Food retailers and producers are getting slammed as GLP-1 drugs like Ozempic raise growing alarms about demand
    "We see highest risk to alcohol, snacking relative to meals, and non-alcoholic beverages," Bank of America said about the impact of GLP-1 drugs.  ( 33 min )
    Stocks have more room to fall as a recession, credit event lay ahead before the Fed eases policy, Bank of America warns
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    Walgreens pharmacy employees plan walkout at US stores - CNN
    Some employees plan to walk out for just one day, while others expect to close their pharmacies for all three days, the report added. According to the report, the walkout is in response to what pharmacy employees call burdensome prescription and vaccination expectations levied on pharmacists.  ( 32 min )
    Is China really dumping Treasury bonds and sending yields higher? A former US official explains the mystery
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    FBI warns of rising elder fraud crime rates as scammers steal billions
    One retiree told CBS News he fell for an online scam that cost him almost $800,000. And then the IRS said he owed $200,000 because the money was taken from a retirement account.  ( 33 min )
  • Open

    Term of the Week: October Effect
    After a rough September for U.S. equities, some investors might be apprehensive about whether the October Effect could negatively impact their portfolios, but historical market data doesn’t support the idea of an October Effect.  ( 1 min )
    UAW Holds Off Expanding Strike Against Ford, GM, and Stellantis, Citing Progress in Talks
    The UAW decided not to expand its strike against the Big Three automakers on Friday as it did in previous weeks, reporting progress in negotiations.  ( 1 min )
    We're in the Biggest Treasury Bond Bear Market Ever, Bank of America Says
    We may be in the biggest bear market of all time for U.S. Treasury bonds, analysts at Bank of America wrote in a research note Friday.  ( 1 min )
    S&P 500 Gains and Losses Today: Index Rises as Hiring Jumps, Wage Gains Slow
    The S&P 500 gained 1.2% on Friday, Oct. 6, 2023, after the Labor Department reported hiring jumped but wage gains slowed, raising optimism that the Fed might not keep raising interest rates to fight inflation.  ( 1 min )
    Dow Jones Today: Stock Futures Up Ahead of Pivotal Jobs Reports
    U.S. stock futures were higher in premarket trading Friday ahead of highly anticipated jobs data that will be one of the last pieces of labor market data the Federal Reserve gets before its meeting at the end of the month.  ( 1 min )
    US Equities Rise at Midday as Hiring Picks Up but Wage Growth Slows
    U.S. equities were higher at midday on Friday, Oct. 6, 2023 after the Labor Department reported employers added more jobs than expected in September, but wage growth slowed.  ( 1 min )
  • Open

    NU+ | Thuisaccu's kunnen helpen tegen vol stroomnet, maar niet zonder risico's
    Het stroomnet zit op verschillende plekken in Nederland vol. Daardoor kunnen huishoudens met zonnepanelen niet altijd hun overtollig opgewekte stroom terugleveren. Met een thuisaccu kun je die stroom opslaan voor later gebruik, maar veel woningen zijn ongeschikt om veilig van een thuisbatterij te voorzien.  ( 10 min )
    NU+ | Thuisaccu's kunnen helpen tegen een vol stroomnet, maar zijn niet zonder risico's
    Het stroomnet zit op verschillende plekken in Nederland vol. Daardoor kunnen huishoudens met zonnepanelen niet altijd hun overtollig opgewekte stroom terugleveren. Met een thuisaccu kun je die stroom opslaan voor later gebruik, maar veel woningen zijn ongeschikt om veilig van een thuisbatterij te voorzien.  ( 10 min )
    Stelling | 'Geef nooit toestemming voor evenementen op begraafplaatsen'
    Het OM gaat een 46-jarige vrouw vervolgen voor grafschennis. De vrouw was in september 2021 aanwezig bij een spirituele bijeenkomst op het kindergedeelte van begraafplaats Rusthof in Leusden. De directeur van de begraafplaats had toestemming gegeven voor de bijeenkomst. Daarom is vandaag de stelling: 'Voor evenementen op begraafplaatsen mag nooit toestemming worden gegeven'.  ( 7 min )
    Ook al lijkt de inflatie nu laag, de looneis blijft overeind
    Looneisen van vakbonden lopen op tot aan 14 procent extra voor cao-onderhandelingen, terwijl de inflatie inmiddels flink afneemt. Wat zijn reële percentages om mee te schermen? Volgens de bonden is er vooral nog veel reparatiewerk te doen.  ( 12 min )
  • Open

    Pioneer Natural Resources Shares Jump Following Reports of Exxon Mobil Takeover Talks
    Pioneer Natural Resources shares soared following reports that the shale oil driller was in advanced talks to be purchased by Exxon Mobil.  ( 1 min )
    TSMC September Revenue Declined Less Than Expected, Helped by AI Demand
    Taiwan Semiconductor posted September revenue that was better than analysts expected as AI exposure appeared to help overcome a slide in its PC and smartphone sales.  ( 1 min )
    Levi Strauss Shares Fall After Cutting Its Outlook as Economic Worries Hurt Demand
    Levi Strauss missed quarterly sales forecasts, and it cut its full-year guidance as uncertain macroeconomic conditions weighed on consumer demand.  ( 1 min )
    Philips ADRs Slide as FDA Says It's Unsatisfied With Sleep Apnea Machine Recall
    The U.S. FDA said Philips hasn't done enough to address concerns that its sleep apnea machines could harm users.  ( 1 min )
    Shell Raises Its Q3 Guidance on Higher Energy Prices, LNG Demand
    British energy giant Shell PLC raised its Q3 earnings guidance on better-than-expected natural gas and chemicals trading volumes, probably due to surging oil and gas prices.  ( 1 min )

  • Open

    Millennials Are Better Than Boomers at Saving for Retirement. What Gives.
    A new study by the big asset manager Vanguard reveals that younger workers are piling up retirement savings more effectively than their boomer elders. One big reason: automatic sign-up of new employees.  ( 34 min )
    The Stock Market’s Biggest Problem Isn’t Treasury Yields—It’s Earnings
    Earnings season is starting, and the high bar for beats could be a bigger issue than the bond market.  ( 32 min )
    Top CD Rates Today: A Dozen Leading CDs Offer Returns of 5.75% to 6.00%
    The best CD rates available nationwide are a 6.00% offer from Credit Human on a take-your-pick term of 12-17 months and 5.76% on a 6-month option from TotalDirectBank.  ( 21 min )
    The economy just won't slow down, and it's the worst possible outcome for markets right now
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    Analysis-Exxon Mobil's megadeal to test climate-aware shareholders
    Exxon Mobil's $60 billion bid for Pioneer Natural Resources would expand the top U.S. oil producer's footprint in the country's biggest oilfield, raising questions for shareholders over its transition to low-carbon energy. Negotiations between Exxon and Pioneer are advanced but have not yet led to an agreement over the acquisition of the largest oil producer in Permian basin. The deal puts focus on the Permian and signals Exxon, valued at $436 billion, is sticking to is fundamental business and is pursuing a strategy of consolidation which makes climate sense to some investors, bankers and industry analysts said.  ( 34 min )
    Iron Ore Billionaire’s Lithium Raid Leaves Investors Guessing
    (Bloomberg) -- Gina Rinehart, Australia’s richest woman, has muscled in on one of the largest battery-metals deals to date, building a near-17% stake in Liontown Resources Ltd. and threatening its A$6.6 billion ($4.2 billion) takeover by US giant Albemarle Corp. Most Read from BloombergThe 5% Bond Market Means Pain Is Heading Everyone’s WayThe Moral Case for No Longer Engaging With Elon Musk’s XFake Mansions and Rent-Stabilized Units Emerge in Trump TrialBlackstone’s Billion-Dollar Bet on Hollyw  ( 34 min )
    Michigan-based Sunset Logistics abruptly ceases operations
    About 90 truck drivers and office personnel who worked for Titan Transportation Services Inc., doing business as Sunset Logistics of Grand Rapids, Michigan, say they are owed their final paychecks and escrow after receiving a string of emails from company executives notifying them that the trucking company was closing its doors. The post Michigan-based Sunset Logistics abruptly ceases operations appeared first on FreightWaves.  ( 32 min )
    The US housing market is so expensive that incomes would have to spike 55% for it to be considered affordable, industry exec says
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    These Savings Accounts Pay 7% to 10%—For Kids and Teens
    Today's best savings accounts are paying record rates, and the highest rates of all are offered to kids and teens. See how they can earn up to 10% on their cash in the bank.  ( 20 min )
    EV buyers can soon get the $7,500 tax credit at time of purchase
    Starting in January, the IRS will make the $7,500 federal EV tax credit available immediately via dealers. The Treasury Department announced the update on Friday, noting that dealers will have the option to "reduce the purchase price of the vehicle or provide cash to the buyer." The update also applies to buyers taking advantage of the $4,000 credit for used EVs.  ( 31 min )
    Natural Gas Is Hot Again, as Oil Is Slipping
    Mizuho's favorite stocks to play the natural-gas boom include Coterra, EQT, Range Resources, and Antero Resources.  ( 20 min )
    Dow Jones Futures: What To Do After Bullish Upside Reversal; Nvidia Leads 11 New Buys
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    Stocks could tumble 20% as steeper interest rates bite - and a recession seems inevitable, JPMorgan's chief strategist says
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    Treasury, IRS Announce New Tax-Incentive Guidelines to Boost EV Sales
    The U.S. Treasury Department and IRS announced new guidelines allowing consumers to transfer their EV tax credits to dealers in an effort to boost demand.  ( 19 min )
    What To Expect in the Markets Next Week
    Coming up next week: earnings from big banks, the latest inflation readings, and Amazon's "Prime Big Deal Days" event.  ( 21 min )
    Analysis-US would struggle to block Exxon's politically unpopular megadeal
    The White House may have blamed Exxon Mobil for high energy prices taking their toll on consumers, but would struggle to thwart the top U.S. oil producer's contemplated $60 billion acquisition of Pioneer Natural Resources, five antitrust lawyers and experts said on Friday. Deal negotiations between Exxon and Pioneer are advanced but have not yet led to an agreement, Reuters reported on Thursday. The acquisition would give Exxon ownership of the largest producer in the biggest U.S. oilfield.  ( 34 min )
    REITs Have Room to Rebound. Here Are 13 on Solid Ground.
    Wedbush says real estate investment trusts look cheap and poised to shine next year and beyond, despite risks. The investment bank discusses its favorite sectors—and a baker’s dozen of picks.  ( 27 min )
    Why Oil Prices Soared—and Why They Are Sinking Now
    Seven charts that explain oil’s big price moves  ( 29 min )
    Buckle up for more ‘turbulence’ in the housing market, BofA says—it’s a housing recession, 1980s-style
    “Looking back at previous housing recessions, we think the 1980s are a better analogy for today's market than the 2008 housing crash,” BofA economists said.  ( 33 min )
    Realty Income REIT Making Moves Into European Net Leasing
    Realty Income Corp. (NYSE:O) is one of the world's largest public REITs, but you may not have heard of it because of the sector it operates in. Realty Income holds one type of asset: properties with net leases. After steadily building a portfolio worth over $40 billion in U.S. assets, Realty Income is taking its show on the road to Europe. The move into Europe began in 2019 when Realty Income acquired a large tranch of grocery stores in England. Now the REIT is looking to Europe for even more op  ( 35 min )
    Sam Bankman-Fried stole customer funds from the beginning of FTX, exchange's co-founder tells jury
    Sam Bankman-Fried authorized the illegal use of FTX customers' funds and assets to plug financial gaps at an affiliated hedge fund from the exchange's earliest days, FTX's co-founder Gary Wang told a New York jury on Friday, as prosecutors pressed their case that Bankman-Fried was the mastermind behind one of the biggest frauds in U.S. history. “FTX was not fine,” Wang said, referring to the now-infamous tweet that Bankman-Fried wrote only a few days before the exchange filed for bankruptcy in November 2022.  ( 33 min )
    Warren Buffett's Berkshire Hathaway keeps selling off its HP shares at a loss this week
    Warren Buffett's Berkshire Hathaway continued selling off more of its HP Inc. shares at a loss this week and dropped its stake below 10% of the printer and computer maker. Berkshire said in a filing with the Securities and Exchange Commission that the latest sale of over 3 million shares Tuesday raised more than $80 million. Berkshire said Monday it had just sold off 5 million other shares.  ( 33 min )
    CVX Stock Today: Why This Short Iron Condor Produces A $490 Gain Right Away
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    Taylor Swift Lifts This Theater Stock To New High
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    Coca-Cola, Bank of America, and other big-name stocks just hit their lowest levels in a year as the market sell-off rages on
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    We're in the Biggest Treasury Bond Bear Market Ever, Bank of America Says
    We may be in the biggest bear market of all time for U.S. Treasury bonds, analysts at Bank of America wrote in a research note Friday.  ( 19 min )
    Sam Bankman-Fried wanted to shut down trading firm Alameda weeks before FTX bankruptcy, says co-founder Gary Wang
    FTX cofounder and childhood friend Gary Wang took the stand and admitted to the crypto empire’s crimes.  ( 33 min )
    Goldman Sachs Says These 2 Stocks Could Double Your Money — Here’s Why They Could Jump
    In the ever-evolving world of stocks, the year has seen its share of ups and downs. Currently, the stock market grapples with the headwinds of rising interest rates and the resulting surge in bond yields. At the same time, there is reason for optimism. Based on historical patterns, Q4 is typically the year’s strongest for US stocks, and investment bank Goldman Sachs is sticking resolutely with its earlier year-end price target of 4,500 on the S&P 500. “Our baseline view remains that the index wi  ( 35 min )
    Remote Work Popularity In Colorado Defies Elon Musk's 'Morally Wrong' Views
    Billionaire Elon Musk called it "bullsh**t" and "morally wrong." JP Morgan CEO Jamie Dimon declared himself a remote-work skeptic, and Meta CEO Mark Zuckerberg has stated that engineers "get more done" in the office. While companies like Amazon.com Inc., Apple Inc., Meta and Zoom may be demanding their employees return to the office post-COVID, remote working is far from dead. About 28% of people work at jobs that allow for remote work, according to the Bureau of Labor Statistics. Don't Miss: El  ( 33 min )
    GE Stock Brings Less To Life In This Swing Trade
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    'Embrace the suck': What investors need to know about the software stock slump
    Is it time to buy software stocks again?  ( 34 min )
    Rivian Stock Downgraded. Its Bond Sale Is a Canary in the Coal Mine.
    Friday, Battle Road Research analyst Ben Rose downgraded Rivian stock to Sell from Hold. He was surprised by the convertible note sale.  ( 18 min )
    Disney’s Stock Is Suffering. Here’s Why You Should Buy It.
    Disney's stock is down nearly 7% this year. But analysts at Bernstein and Seaport are bullish.  ( 17 min )
    AUD/USD Weekly Forecast – Australian Dollar Recovers
    The Aussie dollar initially plunged during the course of the week, only to turn around and recover quite nicely. By doing so, the market looks as if it is ready to continue fighting, but it will be interesting to see how this all plays out.  ( 32 min )
    'You Need The Magnificent Seven': Jim Cramer Says These Tech Stocks Can Help Investors 'Make It Through' The Market Turmoil
    Stocks have recently retreated as Treasury yields continue to rise. To navigate this market turbulence, CNBC's Jim Cramer offers some promising insights. "We're in an unusual situation, but skyrocketing bond yields are bad news for the vast bulk of the market. The mega-cap techs are the one big exception. You want to make it through this difficult moment?" he asked in a recent "Mad Money" segment. "You need the Magnificent Seven, and then the rest." By Magnificent Seven, Cramer means seven mega-  ( 34 min )
    Summers Says Fed’s Interest Rate Hikes Aren’t Working as in Past
    (Bloomberg) -- Former Treasury Secretary Lawrence Summers said the surge in US job growth last month is “great news” for now but also suggests the Federal Reserve’s interest-rate hikes aren’t working as they used to, raising the danger of a hard landing for the economy.Most Read from BloombergThe 5% Bond Market Means Pain Is Heading Everyone’s WayThe Moral Case for No Longer Engaging With Elon Musk’s XIt's Done. The Future Is Battery-Powered Electric CarsAlmost Anyone Can Become the House Speake  ( 33 min )
    Analyst Report: Apollo Global Management Inc
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    Leonardo DiCaprio Is Much Wealthier Than The Flashy Millionaire Stockbroker He Played In 'The Wolf Of Wall Street,' Who Made His Fortune Using The Pump-And-Dump Scheme
    The allure of glamorous lifestyles, decadence and the high-stakes world of finance has always captured the public's imagination. From over-the-top parties to lavish yachts, the movie "The Wolf of Wall Street" painted a picture of the American dream taken to its extreme. While audiences watched in both awe and disbelief as the character lavishly spent his millions, the reality presents an intriguing twist. Leonardo DiCaprio, the actor who brought Jordan Belfort's character to life with such vibra  ( 33 min )
    Market Update: APO
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    Dow gains nearly 300 points after jobs report surprise: Stock market news today
    Investors considered the possibility that the strong jobs report could sway the Federal Reserve's thinking on whether to hold or hike interest rates.  ( 47 min )
    Stocks flip to big gains after jobs report surprise: Stock market news today
    Investors considered the possibility that the strong jobs report could sway the Federal Reserve's thinking on whether to hold or hike interest rates.  ( 40 min )
    $150,000 Salaries Aren't Enough Anymore — 1/3 Of High Earners Are Still Trapped Living Paycheck To Paycheck And Can't Get Ahead
    When people think of the term living paycheck to paycheck, images of low-income families struggling to make ends meet might come to mind. But new data reveals that a significant portion of high earners, particularly those raking in over $150,000 annually, also find themselves caught in this vicious financial cycle. Don't Miss: Until 2016 it was illegal for retail investors to invest in high-growth startups. Thanks to changes in federal law, this Kevin O'Leary-backed startup lets you become a ven  ( 33 min )
    One thing stands between the US labor market and a full recovery from the pandemic
    Hiring in the accommodations industry remains one of the remaining holdouts in bringing the labor market all the way back to its pre-pandemic condition.  ( 34 min )
    These IBD 50 Companies Set To Report Blowout Earnings Growth Of Up To 320%
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    What Wall St has to say on potential Exxon-Pioneer deal
    A deal would be Exxon's biggest acquisition since its $81 billion deal for Mobil in 1998 and could deepen the oil major's position in the country's most lucrative oil patch. XOM's endeavor to acquire large U.S. producers has not been widely seen as successful by investors, with many looking at the acquisition of XTO being not executed very well.  ( 32 min )
    Charlie Munger Gives Elon Musk A Backhanded Compliment, Says, 'These Weird Guys Who Overestimate Themselves Occasionally Knock It Right Out Of The Park'
    Tesla Inc. has been at the forefront of the electric vehicle revolution, seeing its stock double this year and become a favorite among investors and consumers alike. The company's success story has gained a great deal of attention, with debates over its valuation and future potential raging among investors and analysts. While many sing praises for Tesla and its leader Elon Musk, Berkshire Hathaway Inc. Vice Chairman Charlie Munger remains more reserved. His caution is not entirely without basis,  ( 34 min )
    Survey: Nearly 80% of Americans Don't Want The Retirement Age Raised
    There's a reason that Social Security is called "the third rail of American politics" – as in, touch it and die. Most Americans – especially seniors – are fiercely protective when it comes to their retirement benefits. A financial advisor … Continue reading → The post Almost 8 in 10 People Oppose Raising the Full Retirement Age for Social Security appeared first on SmartAsset Blog.  ( 33 min )
    Bond Bull Major Says He Was Wrong to Ignore Heavy Debt Supply
    (Bloomberg) -- Steven Major, HSBC Holding Plc’s renowned bond bull, said he was wrong-footed by the recent bond selloff because he underestimated how badly investors would react to ballooning US debt and a surge in supply.Most Read from BloombergThe 5% Bond Market Means Pain Is Heading Everyone’s WayThe Moral Case for No Longer Engaging With Elon Musk’s XIt's Done. The Future Is Battery-Powered Electric CarsUS Stocks Rebound as Wall Street Debates Rates: Markets WrapAlmost Anyone Can Become the  ( 32 min )
    Mohamed El-Erian Says the US Economy Is in Trouble, Soft Landing Looks Less Likely; Here Are 2 ‘Strong Buy’ Dividend Stocks to Protect Your Portfolio
    Conflicting currents are buffeting the markets, and it’s difficult to see the clear path forward for investors. The falling rate of annualized inflation and the continued resilience of the jobs market point toward continued economic strength – but interest rates are high, oil prices are rising, and the dollar is strong, which all tend to signal economic trouble. Until recently, the conventional wisdom has favored a ‘soft landing,’ with the Fed’s higher rates bringing down inflation, and permitti  ( 36 min )
    What GM, Ford, and Stellantis Are Offering the UAW. It’s Pretty Good.
    General Motors says its offer to the UAW 'is a compelling offer that would reward our team members and allow GM to succeed and thrive into the future.'  ( 21 min )
    Fed Will Lean Toward Another Rate Hike After Blowout Payrolls
    (Bloomberg) -- A hotter-than-expected US jobs report will likely nudge the Federal Reserve toward raising interest rates again by the end of the year.Most Read from BloombergThe 5% Bond Market Means Pain Is Heading Everyone’s WayThe Moral Case for No Longer Engaging With Elon Musk’s XAlmost Anyone Can Become the House Speaker, Except Donald TrumpIt's Done. The Future Is Battery-Powered Electric CarsOzempic Is Making People Buy Less Food, Walmart SaysNonfarm payrolls increased 336,000 last month  ( 32 min )
    Stocks tumble at the open after jobs report blows past expectations: Stock market news today
    Investors considered the possibility that the strong jobs report could sway the Federal Reserve's thinking on whether to hold or hike interest rates.  ( 37 min )
    Daily Spotlight: Strong Job Gains Keep Rate Hike on the Table
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    Elon Musk is cutting Tesla prices in the U.S. again after poor Q3 sales, leaving bulls with ‘no way to sugarcoat this’
    Once again Elon Musk is resorting to profit-eroding price discounts to stimulate demand after Q3 vehicle sales came in well short of market expectations.  ( 33 min )
    Pioneer shares jump on merger talks with Exxon
    A deal would be Exxon's biggest acquisition since its $81 billion deal for Mobil in 1998 and could solidify the oil major's position in the lucrative Permian basin. Exxon's shares were down 3% at $105.74. If the negotiations conclude successfully, an agreement between Exxon and Pioneer could be reached in the coming days, Reuters reported, citing three sources.  ( 32 min )
    Stocks plummet after jobs report blows past expectations: Stock market news today
    Investors are waiting for the release of the monthly US jobs report that could sway the Fed on whether to hold or hike interest rates.  ( 35 min )
    Exxon Mobil nears $60bn deal for US rival
    American oil giant Exxon Mobil is poised to do its biggest deal in more than two decades as it prepares to buy a rival shale producer for $60bn (£49bn).  ( 33 min )
    Best Stocks To Buy And Watch Now: CrowdStrike Headlines 5 Top Tech Stocks For October
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    Tesla Cuts U.S. Prices Again. The Stock Is Falling as EV War Rages.
    The net cost of a Model 3 sedan for a U.S. buyer who qualifies for the federal tax credit is down about 33% year to date. The net cost for a Model Y buyer is down 39%. Those are huge discounts.  ( 21 min )
    Dow Jones Futures Rise With Jobs Report Due; Tesla Cuts Prices, Exxon Near Huge Shale Deal
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    This Stock Is the Big Winner From the UAW Strike. It’s Not Tesla.
    Investors are worried that rising labor costs at Ford and GM will give Tesla a cost advantage. That isn't reflected in Tesla stock though.  ( 22 min )
    Crash In Long-Term Treasury Bonds Is Now An Epic Meltdown
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    Ozempic Threat Is Causing a Selloff in Candy and Beer Stocks
    (Bloomberg) -- The bad news keeps piling up for the makers of everything from soft drinks to chocolate and booze.Most Read from BloombergThe Moral Case for No Longer Engaging With Elon Musk’s XThe 5% Bond Market Means Pain Is Heading Everyone’s WayAlmost Anyone Can Become the House Speaker, Except Donald TrumpIt's Done. The Future Is Battery-Powered Electric CarsOzempic Is Making People Buy Less Food, Walmart SaysThe latest blow took the form of comments from Walmart Inc., which said it’s alread  ( 33 min )
    US futures rise ahead of key US jobs data: Stock market news today
    Investors are waiting for the release of the monthly US jobs report that could sway the Fed on whether to hold or hike interest rates.  ( 33 min )
    CME Head Says He and New Chicago Mayor ‘Don’t Agree on Anything’
    (Bloomberg) -- Few businesses have Chicago roots as deep as the CME Group Inc. — the company has been based in the city for more than a century and its very name derives from the location (the letters refer to the company’s Chicago Mercantile Exchange business).Most Read from BloombergThe Moral Case for No Longer Engaging With Elon Musk’s XAlmost Anyone Can Become the House Speaker, Except Donald TrumpThe 5% Bond Market Means Pain Is Heading Everyone’s WayIt's Done. The Future Is Battery-Powered  ( 34 min )
    BlackRock Says Workers Without This May Lose Out on Almost $625,000 in Retirement Savings
    A recent study by BlackRock and Human Interest reveals an eye-catching gap in retirement savings between workers with access to employer-sponsored retirement plans and those without. The data shows that median-income employees lacking workplace retirement benefits saved one-eighth as much as those with employer-sponsored retirement plans. And by the time they retire, these workers could […] The post BlackRock Says Workers Without This May Lose Out on Almost $625,000 in Retirement Savings appeare  ( 33 min )
    I Have $500k in an IRA and Will Receive $2,000 Monthly From Social Security. Can I Retire at 67?
    Half a million dollars might sound like a lot of money, but if you’re approaching retirement, is it enough? If you have $500,000 in a pre-tax IRA and expect $2,000 per month from Social Security, you may have enough money to retire at age 67. A half million dollars is a relatively modest nest egg, […] The post I Have $500k in an IRA and Will Receive $2,000 Monthly From Social Security. Can I Retire at 67? appeared first on SmartReads by SmartAsset.  ( 34 min )
    Daily – Vickers Top Buyers & Sellers for 10/06/2023
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    Daily – Vickers Top Insider Picks for 10/06/2023
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    VinFast, Vietnam’s answer to Tesla, unveils a $623 million quarterly loss almost two months after its wild Nasdaq debut
    Over half of VinFast's sales last quarter were to a taxi company owned by the EV maker's founder, Pham Nhat Vuong.  ( 33 min )
    Bonds "in greatest bear market of all time" - BofA
    The rout in the fixed income market is causing the "greatest bond bear market of all time", Bank of America Global Research said in a note on Friday, as the peak-to-trough loss in the U.S. 30-year yield hit 50%. In its weekly 'Flow Show' report, BofA said bond funds saw $2.5 billion of outflows in the week to Wednesday, but Treasuries saw inflows of $4.6 billion, their 34th straight week of inflows. "No capitulation here," BofA strategists, led by Michael Hartnett, said.  ( 32 min )
    Blackstone’s Billion-Dollar Bet on Reese Witherspoon Falls Short
    (Bloomberg) -- Blackstone Inc. has given former Walt Disney Co. executives Kevin Mayer and Tom Staggs more than $1 billion to build the next great entertainment company. That investment has been put to the test this year.Most Read from BloombergThe Moral Case for No Longer Engaging With Elon Musk’s XAlmost Anyone Can Become the House Speaker, Except Donald TrumpIt's Done. The Future Is Battery-Powered Electric CarsOzempic Is Making People Buy Less Food, Walmart SaysThe 5% Bond Market Means Pain  ( 36 min )
    Lamborghini battles Nashville car dealership over internet domain name — for second time
    The luxury automaker is asking for $100,000, saying the Nashville dealership is harming Lamborghini’s reputation while profiting off its name.  ( 32 min )
    Apple Stock Needs a Win. Here Are 2 Big Ideas.
    Apple’s next earnings report is just a few weeks away. It’s likely to post a fourth consecutive quarter of year-over-year revenue declines.  ( 24 min )
    Exxon Doesn’t Need Luck for Pioneer Deal to Be a Winner
    It has been a hellish week for energy investors. Exxon Mobil just gave them a reason to smile.  ( 27 min )
    Exxon Mobil Set to Buy Shale Driller Pioneer in $60 Billion Deal. What It Means for the Industry.
    The acquisition would be Exxon's biggest since Mobil and would eclipse the 2019 merger between Occidental and Anadarko.  ( 17 min )
    Tesla Cuts Model 3, Y Prices in US After Quarterly Sales Dip
    (Bloomberg) -- Tesla Inc. cut prices on its top-selling models in the US again, days after its third-quarter deliveries missed estimates.Most Read from BloombergThe Moral Case for No Longer Engaging With Elon Musk’s XAlmost Anyone Can Become the House Speaker, Except Donald TrumpOzempic Is Making People Buy Less Food, Walmart SaysIt's Done. The Future Is Battery-Powered Electric CarsOnly an Equities Crash Can Rescue the Bond Market, Barclays SaysThe carmaker marked down the starting price of the  ( 32 min )
    These Stocks Are Moving the Most Today: Pioneer Natural, Exxon, Tesla, Rivian, Levi Strauss, and More
    A report says Exxon Mobil is close to acquiring Pioneer Natural Resources in a deal that could be worth about $60 billion, Tesla is cutting prices of its Model 3 and Model Y vehicles in the U.S., and Rivian rises modestly after a record share slump.  ( 20 min )
    Bonds to ‘Rally Big’ in 2024 Amid Recession, BofA’s Hartnett Says
    (Bloomberg) -- Beaten-down bonds will make a comeback in 2024 when higher interest rates send the economy into a recession, according to Bank of America Corp.’s Michael Hartnett.Most Read from BloombergThe Moral Case for No Longer Engaging With Elon Musk’s XAlmost Anyone Can Become the House Speaker, Except Donald TrumpOzempic Is Making People Buy Less Food, Walmart SaysIt's Done. The Future Is Battery-Powered Electric CarsOnly an Equities Crash Can Rescue the Bond Market, Barclays SaysOnce the  ( 32 min )
    TSMC Sales Fell Less Than Feared As AI Demand Offsets Slump
    (Bloomberg) -- Taiwan Semiconductor Manufacturing Co.’s revenue slid a less-than-projected 11% after demand from artificial intelligence players helped offset sagging smartphone and laptop chip sales.Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpThe Moral Case for No Longer Engaging With Elon Musk’s XOzempic Is Making People Buy Less Food, Walmart SaysIt's Done. The Future Is Battery-Powered Electric CarsOnly an Equities Crash Can Rescue the Bond Market,  ( 32 min )
    Pepsi Stock Gets Rocked by Weight-Loss Drug Fears. Earnings Could Make Shares a Buy.
    Pepsi, which makes Frito-Lays and soda pop, has suffered on concerns that snacking will become a thing of the past. Earnings should show how strong the business really is.  ( 19 min )
    The collapse in Treasury bonds now ranks among the worst market crashes in history
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    Bonds Meltdown Puts Spotlight on How China Could Use Massive Treasuries Stockpile
    (Bloomberg) -- The deepest losses in US Treasuries in decades are sharpening the focus on China’s holdings of the securities.Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpThe Moral Case for No Longer Engaging With Elon Musk’s XOzempic Is Making People Buy Less Food, Walmart SaysIt's Done. The Future Is Battery-Powered Electric CarsOnly an Equities Crash Can Rescue the Bond Market, Barclays SaysAs debate rages about how high US yields may soar, Apollo Glob  ( 33 min )
    Exxon Said to Be Near Deal for Pioneer
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    Trump is right on asset prices
    Valuation is more an art than science  ( 5 min )
    The 5% Bond Market Means Pain Is Heading Everyone’s Way
    (Bloomberg) -- Not so long ago, families, businesses and governments were effectively living in a world of free money.Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpThe Moral Case for No Longer Engaging With Elon Musk’s XOzempic Is Making People Buy Less Food, Walmart SaysIt's Done. The Future Is Battery-Powered Electric CarsOnly an Equities Crash Can Rescue the Bond Market, Barclays SaysThe US Federal Reserve’s benchmark interest rate was zero, while cent  ( 38 min )
    Dow Jones Futures: Jobs Report Key For Choppy Market; Nvidia, Meta Share This Bullish Trait
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    Exxon Nears $60 Billion Deal for Shale Driller Pioneer: WSJ
    (Bloomberg) -- Exxon Mobil Corp. is nearing a deal worth as much as $60 billion to buy shale-focused Pioneer Natural Resources Co., the Wall Street Journal reported, citing unidentified people familiar with the matter. Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpOzempic Is Making People Buy Less Food, Walmart SaysThe Moral Case for No Longer Engaging With Elon Musk’s XOnly an Equities Crash Can Rescue the Bond Market, Barclays SaysIt's Done. The Future  ( 32 min )
    Exxon Mobil Closing In on Megadeal With Shale Driller Pioneer
    A deal could be sealed as soon as in the coming days, though it is still possible there won’t be one, people familiar with the matter said.  ( 30 min )
    Exxon Mobil in advanced talks for $60 billion acquisition of Pioneer-sources
    Exxon Mobil is in advanced talks to acquire Pioneer Natural Resources in a deal that could value the Permian shale basin producer in the region of $60 billion, people familiar with the matter said on Thursday. The acquisition would expand Exxon's footprint in one of the most lucrative areas of the U.S. oil patch. Pioneer is the third-largest producer of oil in the Permian basin after Chevron Corp and ConocoPhillips.  ( 32 min )
    The housing market is following a similar playbook from the 1980s when mortgage rates doubled. Here's what it could mean for homebuyers today.
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    Exxon Mobil Near $60 Billion Deal For Shale Giant Pioneer Natural Resources: WSJ
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  • Open

    Top CD Rates Today: A Dozen Leading CDs Offer Returns of 5.75% to 6.00%
    The best CD rates available nationwide are a 6.00% offer from Credit Human on a take-your-pick term of 12-17 months and 5.76% on a 6-month option from TotalDirectBank.  ( 19 min )
    Despite Strong Jobs Report, Many Analysts Don’t See Another Rate Hike In 2023
    Analysts from Morgan Stanley, Goldman Sachs, RBC, Wells Fargo and other firms said that while the addition of 336,000 jobs puts pressure on the Federal Reserve, the central bank is unlikely to raise rates again this year.  ( 18 min )
    These Savings Accounts Pay 7% to 10%—For Kids and Teens
    Today's best savings accounts are paying record rates, and the highest rates of all are offered to kids and teens. See how they can earn up to 10% on their cash in the bank.  ( 18 min )
    Pioneer Natural Resources Shares Jump Following Reports of Exxon Mobil Takeover Talks
    Pioneer Natural Resources shares soared following reports that the shale oil driller was in advanced talks to be purchased by Exxon Mobil.  ( 17 min )
    S&P 500 Gains and Losses Today: Index Rises as Hiring Jumps, Wage Gains Slow
    The S&P 500 gained 1.2% on Friday, Oct. 6, 2023, after the Labor Department reported hiring jumped but wage gains slowed, raising optimism that the Fed might not keep raising interest rates to fight inflation.  ( 17 min )
    Treasury, IRS Announce New Tax-Incentive Guidelines to Boost EV Sales
    The U.S. Treasury Department and IRS announced new guidelines allowing consumers to transfer their EV tax credits to dealers in an effort to boost demand.  ( 17 min )
    What To Expect in the Markets Next Week
    Coming up next week: earnings from big banks, the latest inflation readings, and Amazon's "Prime Big Deal Days" event.  ( 21 min )
    UAW Holds Off Expanding Strike Against Ford, GM, and Stellantis, Citing Progress in Talks
    The UAW decided not to expand its strike against the Big Three automakers on Friday as it did in previous weeks, reporting progress in negotiations.  ( 17 min )
    Shell Raises Its Q3 Guidance on Higher Energy Prices, LNG Demand
    British energy giant Shell PLC raised its Q3 earnings guidance on better-than-expected natural gas and chemicals trading volumes, probably due to surging oil and gas prices.  ( 18 min )
    Building an All-ETF Portfolio
    Balance is the key when selecting an all-ETF portfolio that will hedge against market volatility. It can create instant stock diversification.  ( 25 min )
    Do Inquiries for Pre-Approved Offers Affect Your Credit Score?
    Pre-approved credit card offers will not affect your credit score unless you respond by filling out and submitting an application and possibly not even then.  ( 26 min )
    Understanding Different Mortgage Rates & How to Get the Best One
    Fixed vs. adjustable-rate mortgages and other factors that can affect the interest rate you'll have to pay on a home loan.  ( 26 min )
    Gender and Medical Debt: Why Women Owe More & What to Do About It
    Many women today struggle to to pay their healthcare bills, for reasons that include income inequality. Here are the statistics.  ( 26 min )
    We're in the Biggest Treasury Bond Bear Market Ever: BofA
    We may be in the biggest bear market of all time for U.S. Treasury bonds, analysts at Bank of America wrote in a research note Friday.  ( 18 min )
    TSMC September Revenue Declined Less Than Expected
    Taiwan Semiconductor posted September revenue that was better than analysts expected as AI exposure appeared to help overcome a slide in its PC and smartphone sales.  ( 17 min )
    Comparing ETF Gross vs. Net Expense Ratios
    If you're going to invest in ETFs, you should know the intricacies of expense ratios.  ( 23 min )
    Does the Federal Government Offer Personal Loans?
    The federal government doesn’t offer unsecured personal loans, but it does offer loans for specific purposes such as education, housing, and business.  ( 22 min )
    H-1B Visa to Green Card Backlog: Why Tech Companies Demand Change
    The green card backlog is pushing U.S. tech companies to lobby for reform. Read how Microsoft, Facebook, and others want to change the green card process.  ( 29 min )
    Crowdfunding: What It Is, How It Works, Popular Websites
    Crowdfunding is the use of small amounts of capital from a large number of people to raise money or fund a business. Learn the pros and cons of crowdfunding.  ( 28 min )
    Natural Gas ETF Definition
    A natural gas exchange-traded fund (ETF) invests in natural gas futures in an effort to closely track the market price of natural gas.  ( 21 min )
    The ETF Rule: What It Is and Why It Matters
    A new rule passed by the Securities and Exchange Commission will allow ETFs that meet certain conditions to go directly to market.  ( 20 min )
    US Equities Rise at Midday as Hiring Picks Up but Wage Growth Slows
    U.S. equities were higher at midday on Friday, Oct. 6, 2023 after the Labor Department reported employers added more jobs than expected in September, but wage growth slowed.  ( 18 min )
    Short Gold ETF: Meaning, Pros and Cons, Examples
    A short gold ETF is an exchange-traded fund (ETF) that seeks to profit from a decline in the price of gold.  ( 25 min )
    30-Year Mortgage Rates Drop
    Rates on 30-year mortgages have dropped lower, retreating from a 23-year record high. Rates declined for almost every loan type, though jumbo rates were mostly flat.  ( 18 min )
    Philips ADRs Slide as FDA Says It's Unsatisfied With Sleep Apnea Machine Recall
    The U.S. FDA said Philips hasn't done enough to address concerns that its sleep apnea machines could harm users.  ( 17 min )
    Energy Tax Credit: What It is, How It Works, Types
    An energy tax credit is a government-sponsored incentive that reduces the cost for people and businesses to use alternative energy resources.  ( 25 min )
    Fundamental vs. Technical Analysis: What's the Difference?
    Fundamental analysis and technical analysis are the major schools of thought when it comes to analyzing the financial markets and individual securities. Here are the main differences between the two.  ( 26 min )
    No-Fee ETF: What It Means, History, Criticism
    A no-fee ETF is an exchange-traded fund (ETF) that can be bought and traded without paying a commission or fee to a broker.  ( 22 min )
    Levi Strauss Shares Fall After Cutting Its Outlook as Economic Worries Hurt Demand
    Levi Strauss missed quarterly sales forecasts, and it cut its full-year guidance as uncertain macroeconomic conditions weighed on consumer demand.  ( 17 min )
    What Is Intellectual Property, and What Are Some Types?
    Intellectual property is a set of intangibles owned and legally protected by a company from outside use or implementation without consent.  ( 27 min )
    Living on Social Security Alone: Can You Do It?
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    REIT ETF: What it is, How it Works, Special Considerations
    REIT ETFs are exchange-traded funds (ETFs) that primarily invest in equity REIT securities and aim to emulate REIT indexes.  ( 20 min )
    Gift-Giving Etiquette: A Brief Guide
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    Income ETFs Could Help Investors Prepare for a Secure Retirement
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    Tesla Shares Fall After Slashing Model 3 and Model Y Prices in the US
    Tesla shares fell after the EV maker lowered prices on its Model 3 and Model Y vehicles in the U.S. to boost demand.  ( 17 min )
    Warranty Definition, Types, Example, and How It Works
    A warranty is a form of guarantee that a manufacturer offers to repair or replace a faulty product within a window of time after purchase.  ( 27 min )
    September Hiring Surge Shows The Job Market is Staying Hot Despite The Fed's Best Efforts
    The sand that the Federal Reserve is throwing in the economy’s gears appears to be having less than its intended effect: employers accelerated hiring in September.  ( 17 min )
    A Guide to Reselling Toys at the Holidays for Extra Money
    Reselling Christmas toys and gifts may put a few extra dollars in your pocket, but it isn’t going to replace your primary source of income.  ( 29 min )
    How Not to Get Burned Paying Back Your Student Loans
    If you don’t time your student loan payments carefully, you can easily get burned and end up giving your lender way more money.  ( 24 min )
    5 Things to Know Before Markets Open
    Job growth is expected to slow down in September and Exxon is reportedly in talks to acquire Pioneer Natural Resources in a deal that would expand its shale drilling operations. Here’s what investors need to know today.  ( 18 min )
    What Is Inventory? Definition, Types, and Examples
    Inventory is the term for merchandise or raw materials that a company has on hand.  ( 25 min )
    Warren Buffett’s March Madness Bracket Challenge: What Are the Odds?
    In 2014, Warren Buffett offered to give whoever could predict all games of the NCAA men’s tournament $1 million a year for life. What are the odds someone could win?  ( 26 min )
    Audit: What It Means in Finance and Accounting, 3 Main Types
    An audit is an unbiased examination and evaluation of the financial statements of an organization.  ( 27 min )
    Jan Tinbergen: Early Life, Education, Accomplishments
    Jan Tinbergen was a Dutch economist who won the Nobel Prize in Economics in 1969 for the development of dynamic macroeconomic models.  ( 22 min )
  • Open

    DNB-baas Knot bekritiseert Europese overheden die te makkelijk geld uitgeven
    Het ruime begrotingsbeleid van veel eurolanden dwarsboomt de inspanningen van de Europese Centrale Bank (ECB) om de inflatie omlaag te krijgen. Dat zei Klaas Knot, president van De Nederlandsche Bank (DNB) en ECB-bestuurslid op een bijeenkomst in Slowakije.  ( 9 min )
    Amazon lanceert eerste satellieten voor Starlink-concurrent
    Amazon heeft de eerste twee satellieten gelanceerd voor zijn Project Kuiper. Het webwinkel- en techbedrijf wil een netwerk van duizenden satellieten opzetten om internetdiensten aan te bieden op aarde. Daarmee gaan ze de concurrentie aan met Starlink van Elon Musks SpaceX.  ( 9 min )
    Explainer | Voor 175.000 euro een nieuwbouwhuis: deze woningfabriek maakt het
    Een nieuwbouwhuis is in deze tijd moeilijk te betalen voor een starter, en dat zal niet snel veranderen. In Heerenveen staat een fabriek waar die mogelijkheid toch gecreëerd moet worden. Twintig keer per dag wordt hier een woning met een prijskaartje vanaf 175.000 euro gemaakt.  ( 3 min )
    Failliete garnalenpeller had arbeidsvoorwaarden toch niet mogen verslechteren
    De snelle doorstart van de failliete garnalenverwerker Heiploeg in 2014 is toch niet helemaal volgens de regels gegaan. De Hoge Raad, het hoogste rechtsorgaan, heeft eerdere uitspraken in de langslepende rechtszaak vernietigd.  ( 9 min )
    NU+ | Koningin Máxima bijgepraat over AI: 'Niet altijd de oplossing'
    "Wat is eigenlijk het verschil tussen kunstmatige intelligentie en gewoon googelen?", vraagt koningin Máxima tijdens een rondleiding bij de Hogeschool van Amsterdam. Een terechte vraag, maar AI gaat vaak veel verder en dieper dan Google. En dat moet verantwoord gebeuren.  ( 9 min )
    Bol.com strooit met speelgoedreclame maar laat geen vaste prijzen zien
    Het wordt een terugkerende traditie voor de feestdagen: het Grote Speelgoedboek van bol.com dat op de deurmat valt, met tientallen bladzijden aan speelgoedreclame. Opvallend is dat er geen precieze bedragen worden vermeld bij de producten.  ( 10 min )
    Inwoners Caribisch Nederland staan te springen om hoger minimumloon
    Op de Nederlandse eilanden Bonaire, Saba en Sint-Eustatius kunnen de bewoners moeilijk rondkomen, blijkt uit onderzoek van budgetvoorlichter Nibud. Daarom moet het minimumloon omhoog.  ( 9 min )
    Geen sterren maar sleutels: Michelin gaat ook hotels onder de loep nemen
    Michelin gaat voortaan ook hotels beoordelen. De inspecteurs van de Franse bandenmaker gaan voortaan "de uitzonderlijkste hotels ter wereld" aanwijzen. Dat gebeurt niet met sterren, maar met sleutels.  ( 9 min )
    Suiker is in meer dan tien jaar niet zo duur geweest door milde moesson
    Suiker is in een maand tijd bijna 10 procent duurder geworden. Daarmee was de prijs van suiker in september op het hoogste niveau in meer dan tien jaar tijd, meldt de voedsel- en landbouworganisatie van de Verenigde Naties (FAO). De hoge suikerprijzen ontstaan door toenemende zorgen over krappe suikervoorraden.  ( 9 min )
    Twijfels over lozingsvergunning van Tata, Shell en Dow Chemical
    De vergunningen van twaalf industriële bedrijven voor het lozen van onder meer kwik, zink en stikstof voldoen niet aan de regels. Dat blijkt uit onderzoek van het Het Financieele Dagblad (FD) en onderzoeksplatform Investico.  ( 9 min )
    Philips moet slaapapneuapparaten extra laten testen
    Philips moet zijn slaapapneuapparaten extra laten testen, heeft de Amerikaanse voedsel- en medicijnenwaakhond FDA bepaald. Deze testen moeten uitwijzen wat de gezondheidsrisico's zijn voor patiënten die een defect apparaat hebben gebruikt.  ( 9 min )
    ExxonMobil wil tientallen miljarden investeren in nog meer olie en gas
    Oliemaatschappij ExxonMobil zou van plan zijn om de Amerikaanse branchegenoot Pioneer Natural Resources over te nemen. Exxon zou daar zo'n 60 miljard dollar (57 miljard euro) voor over hebben.  ( 8 min )
    Banen op de tocht bij FrieslandCampina door forse reorganisatie
    Zuivelbedrijf FrieslandCampina heeft een flinke reorganisatie aangekondigd. De kosten moeten met 400 tot 500 miljoen euro omlaag. Het betekent onder meer dat een deel van het personeel weg moet.  ( 8 min )
    Subsidie voor elektrische auto's gaat volgend jaar toch niet omlaag
    De subsidie voor nieuwe elektrische auto's blijft komend jaar toch op hetzelfde niveau als dit jaar. De eerder geplande afbouw gaat niet door, meldt demissionair staatssecretaris Vivianne Heijnen (Infrastructuur en Waterstaat) aan de Tweede Kamer.  ( 8 min )
    Starter komt nog moeilijker aan koophuis doordat aantal overbiedingen weer stijgt
    De krapte op de woningmarkt neemt weer toe. Daardoor zijn kopers de afgelopen maanden weer vaker gaan overbieden. Dat is niet gunstig voor starters op de huizenmarkt.  ( 10 min )
    Meer overbiedingen zorgt ervoor dat starter nog moeilijker aan een koophuis komt
    De krapte op de woningmarkt neemt weer toe. Daardoor zijn kopers de afgelopen maanden weer vaker gaan overbieden. Dat is niet gunstig voor starters op de huizenmarkt.  ( 10 min )
  • Open

    Lamb Weston's Profit Soars on Higher Prices and Shares of the Potato Processor Jump
    Lamb Weston was the best-performing stock in the S&P 500 on Thursday after the food processor posted a big jump in profits and boosted its outlook as it benefited from higher prices.  ( 1 min )
    ExxonMobil Says Q3 Earnings Were Boosted By Higher Prices, Better Margins
    Higher oil prices likely boosted ExxonMobil's third-quarter profit compared to the previous quarter, the company said in a Securities and Exchange Commission (SEC) filing late Wednesday.  ( 1 min )
    Constellation Brands Beer Sales Soar, but Wine and Spirit Demand Slumps
    Constellation Brands beat profit and revenue forecasts and boosted its guidance on strong beer sales, but demand for wine and spirits slumped.  ( 1 min )
    Rivian Shares Drop as EV Maker Announces $1.5 Billion 'Green' Bond Offering
    Rivian shares fell Thursday after the electric truck maker said it would offer $1.5 billion in "green" convertible notes for use to finance, refinance, or invest directly in new or recently completed green energy projects.  ( 1 min )
    Clorox Shares Tumble After Warning Cyberattack Will Impact Its Quarterly Results
    Clorox shares plunged after warning a cyberattack that hit the cleaning products maker in August will have a significant negative impact on its quarterly results.  ( 1 min )
  • Open

    Dow Jones Today: Futures Headed Higher Ahead of More Jobs Data
    U.S. stock futures were trending higher in premarket trading Thursday as investors awaited more updates on the jobs market reports after two days of surprising data.  ( 1 min )
    S&P 500 Gains and Losses Today: Clorox Shares Dip After Warning of Cyberattack's Impact
    The S&P 500 was little changed on Thursday, Oct. 5, 2023 ahead of Friday's jobs report, and Clorox shares tumbled after warning a cyberattack would have a significant negative impact on its quarterly earnings.  ( 1 min )
    5 Things to Know Before Markets Open
    Stock futures are falling ahead of data on initial jobless claims and Exxon reported its likely to see an earnings boost from higher oil prices. Here’s what investors need to know today.  ( 1 min )
    LG Energy To Invest $3 Billion To Supply Toyota with EV Batteries
    LG Energy Solution will invest approximately $3 billion in its Michigan battery facility to supply lithium ion batteries for Toyota electric vehicles.  ( 1 min )
    Markets Fall at Midday as Jobless Claims Data Raises Worries About Fed Rate Hikes
    Markets declined at midday on Thursday, Oct. 5, 2023, after a report on weekly jobless claims came in lower than expected, raising fears of more Fed rate hikes.  ( 1 min )

  • Open

    ‘Stay Invested Through the Uncertainty’: J.P. Morgan Says Stocks Could Reach New Highs Next Year — Here Are 2 Names to Pounce on Now
    What should we make of today’s market conditions? Investors are digesting how the Federal Reserve’s ‘higher for longer’ interest rate policy will impact the economy, and they’re not pleased with the prospect. Other challenges on the horizon include the ongoing Congressional budget battles, lingering inflation, the evaporation of consumer savings and purchasing power, and concerns over China’s incendiary combination of slowing growth, geopolitical ambition, and approaching demographic collapse. T  ( 35 min )
    Corporate America Is Ignoring Jay Powell and Bingeing on Debt
    (Bloomberg) -- For the past 18 months, Federal Reserve Chair Jerome Powell has frantically been trying to break Americans' borrow-and-spend habits. It’s critical to his fight against inflation.Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpOzempic Is Making People Buy Less Food, Walmart SaysOnly an Equities Crash Can Rescue the Bond Market, Barclays SaysThe Moral Case for No Longer Engaging With Elon Musk’s XIt's Done. The Future Is Battery-Powered Electri  ( 34 min )
    Berkshire Hathaway's Charlie Munger gives $40 million in stock to California museum
    Investor Charlie Munger, who's been Warren Buffett's right-hand man for more than five decades, has made a $40 million gift to a California museum that he's supported in the past. Munger gave 77 Class A Berkshire Hathaway shares to the Henry E. Huntington Library and Art Museum in San Marino, California, according to a filing with the Securities and Exchange Commission. At Thursday's closing price of $523,545.06 a share, that made the gift worth more than $40.3 million.  ( 32 min )
    Lawyers for Mike Lindell and MyPillow seek to drop them for unpaid fees
    Mike Lindell said he can't afford to pay $2 million a month to his attorneys in election-related cases. "I have $10,000 to my name," he said.  ( 32 min )
    Sam Bankman-Fried Told MIT Friend $8 Billion Hole Meant FTX Wasn’t ‘Bulletproof’
    (Bloomberg) -- Sam Bankman-Fried last year told a close friend from MIT who joined FTX as a software developer that the cryptocurrency exchange was no longer “bulletproof” amid mounting failures in the industry and $8 billion that had been lent to affiliated hedge fund Alameda Research.Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpOnly an Equities Crash Can Rescue the Bond Market, Barclays SaysOzempic Is Making People Buy Less Food, Walmart SaysIt's Done.  ( 33 min )
    Toyota Stock Rises After EV Battery Deal. GM Stock Drops To 3-Year Low.
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    Alameda had a $65B line of credit and 'unlimited withdrawals'
    Prior to Wang taking the stand, there was a 15-minute break during which Bankman-Fried looked visibly irritated. At one point his father, Joseph Bankman, patted his mother, Barbara Fried, on the back, said something and laughed. On the stand, Wang admitted that he committed wire fraud, securities fraud and commodities fraud.  ( 32 min )
    Janet Yellen and the man who invented the term ‘bond vigilantes’ disagree about what’s happening in the Treasury market right now
    Ed Yardeni believes bond vigilantes are attempting to spike Treasury yields in protest against unsustainable fiscal policy—but the Treasury Secretary isn’t so sure.  ( 35 min )
    Nvidia Stock Triples On The Back Of AI-Fueled Growth — Is It A Buy?
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    MGM Resorts Refused to Pay Ransom in Cyberattack on Casinos
    MGM Resorts refused to pay a hackers’ ransom demand in a September cyberattack that threw its Las Vegas Strip resorts into chaos, according to a person familiar with the matter.  ( 29 min )
    Dow Jones Dips As Fed Official Speaks Out Ahead Of Jobs Report; SEC Sues Elon Musk Over This
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    These Are The 4 Best EV Stocks To Buy And Watch Now
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    Tanker shipping’s ‘odd couple’ prepares for a divorce
    Tanker giant Frontline is poised to dramatically expand its fleet, while Euronav is on a path to privatization. The post Tanker shipping’s ‘odd couple’ prepares for a divorce appeared first on FreightWaves.  ( 34 min )
    Sanofi to explore acquisition of cancer drugmaker Mirati- Bloomberg News
    Paris-based drugmaker Sanofi is exploring a potential acquisition of cancer drugmaker Mirati Therapeutics, Bloomberg News reported on Thursday citing people familiar with the matter. Deliberations are ongoing and there is no certainty they will result in an agreement, the report said, adding that Mirati could also attract interest from other suitors. A Sanofi spokesperson responded to a Reuters' request saying the company does not comment on market rumors.  ( 31 min )
    Sanofi to Explore Acquisition of Cancer Drugmaker Mirati
    (Bloomberg) -- French pharmaceutical giant Sanofi is exploring a potential acquisition of cancer drugmaker Mirati Therapeutics Inc., according to people familiar with the matter. Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpOnly an Equities Crash Can Rescue the Bond Market, Barclays SaysOzempic Is Making People Buy Less Food, Walmart SaysApple Considered, Rejected Switch to DuckDuckGo From GoogleFed’s Bid to Avoid Recession Tested by Yields Nearing 20-Ye  ( 32 min )
    How To Collect $1,000 Per Month From Your Wireless Carrier
    Month after month, like clockwork, you pay your wireless carrier for the services it provides. But imagine that instead of just paying them, you're also getting a piece of the pie — through dividends. Wireless carriers and telecommunications companies in general often pay dividends. They operate in an essential industry with high barriers to entry, owing to the significant capital expenditure required for infrastructure and network maintenance. At the same time, the recurring revenue model — whe  ( 33 min )
    The Top 20 Richest People On Forbes 400 Are So Rich They Could Buy The Bottom 340 Billionaires — And Still Have Billions Left Over
    America's billionaires have had a great year from a financial standpoint. The top 20 people on Forbes' 2023 richest list have added $310 billion to their fortunes. Together, they have a combined wealth of $1.9 trillion, a 30% increase from a year ago. To give a sense of how significant their growth is, these 20 people now hold 40% of the total wealth of the entire Forbes 400 list. Among the top 20, Nvidia Corp. CEO Jensen Huang stands out. His company, which has made big strides in artificial in  ( 33 min )
    Oil Prices Dive Again, Fueling Energy Sector Sell-Off. This Is To Blame.
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    The 10 Richest People in the World
    Learn who the top 10 billionaires in the world are and how they built their wealth.  ( 35 min )
    Where The 1% Roam: Unveiling The Swanky Stomping Grounds Of The Super Rich
    If you could live anywhere, where would it be? If you want to rub elbows with some of the most successful people in the United States, Wyoming could be a good choice. Known as the Equality State because it was the first to give women the right to vote, Wyoming is home 3.47 billionaires per 1 million people. They have an average worth of $23.5 billion, according to research conducted by The Digital Project Manager. Mars Inc. heir John Mars and Christy Walton, who married into the family that foun  ( 32 min )
    EV maker Rivian shares tumble after launch of $1.5 billion convertible bond offering
    Shares of Rivian Automotive Inc fell by more than 20% on Thursday, after the electric vehicle maker unveiled plans to issue $1.5 billion worth of convertible green bonds. Irvine, California-based Rivian expects the bonds, which will mature in October 2030 and can be converted to either cash or its shares, will help it to "de-risk" the launch of its R2 sports utility vehicle in Georgia, a company spokesperson told Reuters on Wednesday. It is the second time in less than a year that Rivian is issuing such a green bond, which raises capital from investors seeking to back climate-focused projects.  ( 32 min )
    Gas prices to drop like 'wet feathers,' analyst says
    Gasoline prices are certain to go $0.25 to $0.50 lower, says one oil analyst.  ( 33 min )
    30-Year Mortgage Rates Set Third Record in a Week
    With another jump higher, 30-year mortgage rates keep setting new records—hitting three historic peaks in the past week. Rates were mixed for other loan types.  ( 20 min )
    Stocks fall amid countdown to jobs report: Stock market news today
    US stocks were broadly flat after jobless claims data stayed low, signaling a healthy labor market.  ( 37 min )
    Market Update: HUM
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    Disney Slashes Ticket Prices For Children, US Government Ceases Free Distribution Of Merck COVID Pill, UK Deep Dives Into Amazon And Microsoft's Cloud Power: Today's Top Stories
    CNBC Disney Slashes Children's Ticket Prices Amid Attendance Slump The Walt Disney Company (NYSE: DIS) has unveiled a new series of discounts for children visiting its iconic Disneyland and Disney World parks. This strategic move comes amidst a noticeable decline in attendance and hotel occupancy, a trend exacerbated by the inflationary pressures that have made vacations more expensive for families. Beginning October 24, Disneyland, located in California, will offer tickets for children aged thr  ( 36 min )
    Who is Caroline Ellison and how did she end up at center of FTX collapse?
    The collapse of Sam Bankman-Fried's cryptocurrency exchange FTX has led to an increased focus on the role played by Alameda Research and its CEO Caroline Ellison, also SBF's gal pal, in the firm's implosion.  ( 33 min )
    Donald Trump's Second NFT Sales Skyrocket 350%, Walmart Reports 'Slight Pullback' In Food Demand - Top Headlines Today While US Was Sleeping
    US Markets MaxCyte, Rivian Automotive And Other Big Stocks Moving Lower In Thursday's Pre-Market Session Investor Fear Eases Amid Pullback In Treasury Yields Jim Cramer Predicts Potential Stock Market Rally Triggered By Jobs Report: 'Certainly Have Plenty Of Tinder' Crypto Cocoa Bean Trader, First Witness In Sam Bankman-Fried Trial, Recounts $100K Loss To FTX Shiba Inu Burn Rate Skyrockets Over 75% While SHIB Remains Trapped In Price Range Donald Trump's Second NFT Sales Skyrocket 350% Amid Buzz  ( 33 min )
    Stocks fall as countdown to jobs report begins: Stock market news today
    US stocks were broadly flat after jobless claims data stayed low, signaling a healthy labor market.  ( 36 min )
    ‘Load Up,’ Says Raymond James About These 2 ‘Strong Buy’ Stocks
    The markets have the tendency to overdramatize, and events are often blown out of proportion. With the stock market having experienced a pullback since the mid-summer peaks, there have been fears the bull market seen for most of the year is about to go up in smoke. But that is not the case at all,” argues Matt Orton, Chief Market Strategist at Raymond James. Throughout the year, the markets have been “pushing back” against the Fed’s narrative that interest rates will need to stay elevated for an  ( 35 min )
    Clorox Tumbles After Cutting Outlook
    Clorox (ticker: CLX) stock was the worst performer in the S&P 500 after cutting its fiscal first-quarter outlook following a [cybersecurity attack disclosed](https://www.marketwatch.com/story/clorox-says-some-operations-disrupted-amid-unauthorized-activity-on-it-systems-357ffe3e?mod=md_stockoverview  ( 11 min )
    Stocks to Watch Thursday: Rivian, VinFast, Lamb Weston, Constellation
    ↘️ Rivian Automotive (RIVN): Shares in the electric-vehicle maker fell more than 15% after it announced plans to raise more funds. Rivian, which [has struggled to keep production up](https://www.wsj.com/business/autos  ( 24 min )
    Stocks open little changed as countdown to the jobs report begins: Stock market news today
    US stocks were broadly flat after jobless claims data stayed low, signaling a healthy labor market.  ( 35 min )
    VinFast Stock Rises After EV Maker Reports Revenue Jump
    Shares of VinFast were gaining in morning trading, recently up 5%, after the Vietnamese electric-vehicle maker said its third-quarter revenue more than doubled from the year-ago period. The company also said deliveries of its EVs rose about 5% from the previous quarter, and that deliveries of e-sco  ( 22 min )
    Rivian Stock Falls on Double Disappointment. Time to Worry?
    The company is burning through cash–it sold trucks at an average loss of $33,000 in the second quarter.  ( 22 min )
    Lucid launches cheaper Air Pure electric sedan to boost demand
    Luxury electric-vehicle maker Lucid Group on Thursday launched a cheaper, rear-wheel drive version of the Air Pure sedan starting at $77,400, as it looks to stoke demand. Despite the lower price, the new Lucid model is more expensive than larger rival Tesla's Model S luxury sedan, which starts at $75,000. The new variant of the Air sedan is available immediately and will offer a range of 410 miles on a full charge, the company said.  ( 30 min )
    Dow Jones Futures Fall After Jobless Claims; Rivian Dives On Debt Offering
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    Chinese Lithium Plunge Has Created Huge Discount to US Prices
    (Bloomberg) -- Lithium prices are plunging around the world, but the slump is particularly glaring in China, where the key battery metal is trading at a big discount versus the US.Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpOnly an Equities Crash Can Rescue the Bond Market, Barclays SaysOzempic Is Making People Buy Less Food, Walmart SaysApple Considered, Rejected Switch to DuckDuckGo From GoogleKey Taiwan Tech Firms Helping Huawei With China Chip Plant  ( 32 min )
    11 Stocks Offer 'Rare Opportunity' On Top Of 5%-Plus Yields
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    High Gas Prices Reek of Low Cigarette Sales
    People love to blame fuel stations when pump prices rise, and now they can—sort of.  ( 27 min )
    Cathie Wood Sells $25 Million In Tesla Stock As TSLA Flashes Aggressive Buy Signal
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    5 Things to Know Before Markets Open
    Stock futures are falling ahead of data on initial jobless claims and Exxon reported its likely to see an earnings boost from higher oil prices. Here’s what investors need to know today.  ( 18 min )
    Powerball jackpot just hit $1.4 billion. Here's what you'd pocket after taxes.
    Here's how much of the prize you would take home after taxes and five ways to invest your windfall.  ( 32 min )
    Should I Take a $48,000 Lump Sum or $462 Monthly Payments for a Pension Annuity?
    Buyout decisions have become increasingly common for those with a pension plan. If you get this offer, the most important questions to deal with include when you would you receive the payout, and how long you expect to live. The earlier you would receive a lump sum payout, the more it will be worth to you […] The post Should I Take a $48,000 Lump Sum or $462 Monthly Payments for a Pension Annuity? appeared first on SmartReads by SmartAsset.  ( 34 min )
    US futures steady as countdown to jobs data begins: Stock market news today
    Wall Street stocks were little changed ahead of the bell, as a retreat in the bond rout let focus turn to Friday's key US jobs data.  ( 33 min )
    How A Top T. Rowe Price Bond Manager Scores A Safe 6.15% Yield
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    Ask an Advisor: We Have $1.45M Saved, Plus $1M in Rental Properties That Make Us $5K Per Month. Can We Retire in 5 Years?
    I’m 50 and my husband is 57. We paid off all debts and have $1 million in our 401(k) and IRA. We also own $1 million in rental properties that give us a $5,000 net profit monthly. We hope to keep the rental homes for another 15 years for income. We have $200,000 in savings […] The post Ask an Advisor: We Have $1.45M Saved, Plus $1M in Rental Properties That Make Us $5K Per Month. Can We Retire in 5 Years? appeared first on SmartReads by SmartAsset.  ( 34 min )
    Market Digest: K
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    Daily – Vickers Top Insider Picks for 10/05/2023
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    Daily – Vickers Top Buyers & Sellers for 10/05/2023
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    Daily Spotlight: Higher Rates, Higher Stock Valuations
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    Technical Assessment: Neutral in the Intermediate-Term
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    JPMorgan’s Cash-Hoarding Bond Manager Sees 6% Yield Within Reach
    (Bloomberg) -- William Eigen is sticking to the strategy that has helped him thrive amid the worst bond rout in history: keeping most of his $8.8 billion JPMorgan Strategic Income Opportunities Fund in cash.Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpOnly an Equities Crash Can Rescue the Bond Market, Barclays SaysKey Taiwan Tech Firms Helping Huawei With China Chip PlantsOzempic Is Making People Buy Less Food, Walmart SaysApple Considered, Rejected Swit  ( 33 min )
    EV maker VinFast's revenues jump, plans a plant in India
    Vietnamese electric-vehicle (EV) maker VinFast on Thursday reported a 159% rise in third-quarter revenue as it ramped up car deliveries and sought to boost sales by partnering with dealers in the United States. Revenue for the third quarter was 8.25 trillion Vietnamese dong ($338 million). ($1 = 24,380.0000 dong)  ( 30 min )
    A hot — or cold — jobs report Friday could be bad for stocks
    Stocks are in a delicate balance thanks to the bond market and Friday's jobs report for September could spook the markets.  ( 34 min )
    Underwater Trade-Ins Are Costing New Car Buyers Almost $6,000
    (Bloomberg) -- After a brief respite from soaring auto debt, Americans are once again falling deeply underwater on their car loans.Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpOnly an Equities Crash Can Rescue the Bond Market, Barclays SaysKey Taiwan Tech Firms Helping Huawei With China Chip PlantsOzempic Is Making People Buy Less Food, Walmart SaysApple Considered, Rejected Switch to DuckDuckGo From GoogleUsed-car values have tumbled about 16% from the  ( 31 min )
    Sam Bankman-Fried’s Two Multimillion-Dollar Jets May Be Forfeit, DOJ Says
    The assets, whose ownership is in dispute, could be used to pay back creditors of Alameda Research and FTX.  ( 32 min )
    These Stocks Are Moving the Most Today: Rivian, Tesla, Clorox, BlackBerry, Exxon, and More
    Rivian stock falls after saying third-quarter revenue would be in line with analysts' estimates and announcing an offering of $1.5 billion in convertible notes. Clorox slashes its fiscal first-quarter outlook following a cyberattack in August.  ( 22 min )
    Oil Extends Plunge as Brent Falls Below $85 on Demand Worries
    (Bloomberg) -- Oil clawed back a little ground after signs of weaker demand and concerns about a slowdown in global growth sparked the steepest one-day drop in more than a year.Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpKey Taiwan Tech Firms Helping Huawei With China Chip PlantsOzempic Is Making People Buy Less Food, Walmart SaysUS Stocks Buoyed by Big Tech Gains as Yields Slide: Markets WrapApple Considered, Rejected Switch to DuckDuckGo From GoogleWe  ( 32 min )
    French Train Maker Alstom Slumps After Cash Flow Warning
    (Bloomberg) -- Alstom SA plunged by more than a third after the French train maker slashed its financial guidance due to delays on UK contracts and a rise in inventories.Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpOnly an Equities Crash Can Rescue the Bond Market, Barclays SaysOzempic Is Making People Buy Less Food, Walmart SaysUS Stocks Buoyed by Big Tech Gains as Yields Slide: Markets WrapApple Considered, Rejected Switch to DuckDuckGo From GoogleThe  ( 33 min )
    Rivian Stock Falls. The Electric Truck Maker Issued This Double Disappointment.
    The company is burning through cash–it sold trucks at an average loss of $33,000 in the second quarter.  ( 22 min )
    U.S. Stock Futures Fall Ahead of Jobless Claims Data
    U.S. stock markets were poised to drop at the open of trading on Thursday ahead of the publication of weekly jobless claims data. Equity markets looked set to give back some of the previous day’s gains as bond yields remain elevated. Dow Jones Industrial Average futures were down 97 points, or 0.3%  ( 12 min )
    Gold set to break longest losing streak in 7 years as bond selloff cools
    Gold edged higher on Thursday, set to end its eight-session-long losing streak, last seen around the same time in 2016, as U.S. bond yields and the dollar retreated from recent highs ahead of a keenly awaited non-farm payrolls report this week. "While there is an attempt for gold prices to stabilize into today's session, there is not much conviction of a reversal just yet," IG market strategist Yeap Jun Rong said.  ( 32 min )
    The German Property Crisis Is Claiming Its First Big Victims
    (Bloomberg) -- In July this year, Nuremberg’s mayor celebrated the final beam being placed atop the redeveloped Quelle building, a monumental 1950s symbol of postwar Germany’s economic revival. Revamped with offices, shops and homes, a big part of the giant complex was slated to open in 2024.Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpKey Taiwan Tech Firms Helping Huawei With China Chip PlantsOzempic Is Making People Buy Less Food, Walmart SaysUS Stocks  ( 34 min )
    Oil prices drop 6% as worries mount over demand destruction
    Satellite imagery suggests that global oil inventories have surged by 30 million barrels in the first three weeks of September, according to JPMorgan.  ( 32 min )
    Dow Jones Futures: Stocks Bounce As Yields Fall, But Still Must Do This; Tesla Races Into Buy Area
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    Bill Gross says he would avoid bonds and 'clearly overvalued' stocks even after massive sell-off
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    Only a Stocks Crash Can Rescue the Bond Market, Barclays Says
    (Bloomberg) -- Global bonds are doomed to keep falling unless a sustained slump in equities revives the appeal of fixed-income assets, according to Barclays Plc. Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpKey Taiwan Tech Firms Helping Huawei With China Chip PlantsUS Stocks Buoyed by Big Tech Gains as Yields Slide: Markets WrapOzempic Is Making People Buy Less Food, Walmart SaysFootball’s World Cup Is Coming to North Africa for First Time“There is no ma  ( 32 min )
    Tax Moves to Consider Now Before 2017 Cuts Expire
    The Trump-era tax cuts will phase out at the end of 2025 unless they are extended. Financial advisers say now is the time for retirees—and near retirees—to start planning for that.  ( 27 min )
    Clorox says cyberattack will impact first-quarter net sales, earnings
    Clorox revealed Wednesday how much it anticipates the cyberattack that the company recently experienced will weigh on its first-quarter financial performance.  ( 33 min )
  • Open

    How to Improve Your Leadership Skills
    Being a leader can help you in your career. Here are some tips for improving your leadership skills.  ( 23 min )
    Licensed International Financial Analyst (LIFA): Overview
    The Licensed International Financial Analyst is a professional designation for investment professionals throughout the world.  ( 22 min )
    S&P 500 Gains and Losses Today: Clorox Shares Dip After Warning of Cyberattack's Impact
    The S&P 500 was little changed on Thursday, Oct. 5, 2023 ahead of Friday's jobs report, and Clorox shares tumbled after warning a cyberattack would have a significant negative impact on its quarterly earnings.  ( 16 min )
    Top CDs Today: One Rate Leader Bows Out, but Other 6% Offer Remains
    The best CD rates available nationwide are a 6.00% offer from Credit Human on a take-your-pick term of 12-17 months, and 5.76% on a 6-month option from TotalDirectBank.  ( 19 min )
    Constellation Brands Beer Sales Soar, but Wine and Spirit Demand Slumps
    Constellation Brands beat profit and revenue forecasts and boosted its guidance on strong beer sales, but demand for wine and spirits slumped.  ( 17 min )
    Project Finance: How It Works, Definition, and Types of Loans
    Project finance is the financing of long-term infrastructure and industrial projects using a non- or limited-recourse financial structure.  ( 24 min )
    Lamb Weston's Profit Soars on Higher Prices and Shares of the Potato Processor Jump
    Lamb Weston was the best-performing stock in the S&P 500 on Thursday after the food processor posted a big jump in profits and boosted its outlook as it benefited from higher prices.  ( 17 min )
    Earning Less Than 5% on Your Savings? You're Missing Out.
    It's never been easier to earn well over 5%—even 6%—on your cash in the bank. Today's high-yield savings, money market, and CD accounts are all paying record rates.  ( 17 min )
    What's Black Friday? When It Is and Importance to Economists
    Black Friday takes place the day after Thanksgiving, is full of big discounts, and is considered the beginning of the holiday shopping season.  ( 26 min )
    Bond Yield Rise Shows Interest Rates Sufficiently High for Now: Fed's Daly
    San Francisco Fed President Mary Daly said that the tightening of financial conditions over the past 90 days “diminished” the need for further rate hikes, but argued the Fed should keep its options open.  ( 18 min )
    ExxonMobil Says Q3 Earnings Were Boosted By Higher Prices, Better Margins
    Higher oil prices likely boosted ExxonMobil's third-quarter profit compared to the previous quarter, the company said in a Securities and Exchange Commission (SEC) filing late Wednesday.  ( 18 min )
    Pitfalls of Medicare Advantage Plans
    A Medicare Advantage plan may help you lower non-covered health costs, but there are definite tradeoffs compared to classic Medicare/Medigap.  ( 25 min )
    Average Mortgage Rate Hits 7.49%, Highest Since 2000
    The last time mortgage rates were this high, you could check on them using the free 1,000 hours of dial-up Internet access CD-ROM that America Online sent you in the mail.  ( 17 min )
    Why Delaware Is Considered a Tax Shelter
    Delaware provides favorable tax shelters, which has led high numbers of companies to incorporate there.  ( 23 min )
    EV Maker Vinfast's Revenue Doubled in Q3 as Car Sales, Deliveries Surged
    Surging vehicle sales more than doubled the revenue of Vietnamese electric carmaker Vinfast (VFS), the company said in its latest earnings report.  ( 19 min )
    Inflation Reduction Act of 2022
    Signed into law on Aug. 16, 2022, it lowers prescription drug and energy costs and levies a 15% minimum tax on some corporations.  ( 30 min )
    Crypto Industry Fundraising at Lowest Levels Since 2020
    A new report from crypto intelligence firm Messari indicates funding for the industry has dried up, dropping to levels not seen since the last quarter of 2020.  ( 18 min )
    First Amendment: What It is, How It Works, Examples
    The First Amendment protects the freedoms of Speech, Religion, Press, Assembly, and Petition for Americans. Learn how it works and why it's important.  ( 24 min )
    Did the repeal of the Glass-Steagall Act contribute to the 2008 financial crisis?
    Understand the argument that the repeal of the Glass-Steagall Act caused the 2008 financial crisis, and learn why the argument may not be valid.  ( 23 min )
    LG Energy To Invest $3 Billion To Supply Toyota with EV Batteries
    LG Energy Solution will invest approximately $3 billion in its Michigan battery facility to supply lithium ion batteries for Toyota electric vehicles.  ( 17 min )
    How to Invest in Crypto Without Buying Crypto
    Getting Exposure to the Cryptocurrency World Without Buying Crypto Is an Excellent Way to Get Involved Without Taking Too Much Risk. Here Are Some Options.  ( 25 min )
    BlackBerry To Spin Off IoT Business, IPO Expected Next Year
    BlackBerry announced plans to separate its Internet of Things (IoT) business, expecting to launch its IPO in the next fiscal year.  ( 17 min )
    8 Tips To Help You Control Holiday Spending
    Use these practical tips to help curb excess holiday spending and ensure you stay on budget for the new year.  ( 22 min )
    Rivian Shares Drop as EV Maker Announces $1.5 Billion 'Green' Bond Offering
    Rivian shares fell Thursday after the electric truck maker said it would offer $1.5 billion in "green" convertible notes for use to finance, refinance, or invest directly in new or recently completed green energy projects.  ( 17 min )
    Markets Fall at Midday as Jobless Claims Data Raises Worries About Fed Rate Hikes
    Markets declined at midday on Thursday, Oct. 5, 2023, after a report on weekly jobless claims came in lower than expected, raising fears of more Fed rate hikes.  ( 16 min )
    30-Year Mortgage Rates Set Third Record in a Week
    With another jump higher, 30-year mortgage rates keep setting new records—hitting three historic peaks in the past week. Rates were mixed for other loan types.  ( 19 min )
    What To Expect on the CFA Level II Exam
    Learn about the CFA Level II exam, which goes more in-depth into investment management and portfolio concepts.  ( 27 min )
    Ally Bank CD Rates: October 2023
    Ally Bank CD rates are competitive, and there is no minimum deposit required to open. Several term options, as well as a special no-penalty CD, are available.  ( 21 min )
    Clorox Shares Tumble After Warning Cyberattack Will Impact Its Quarterly Results
    Clorox shares plunged after warning a cyberattack that hit the cleaning products maker in August will have a significant negative impact on its quarterly results.  ( 17 min )
    Why Are Price and Quantity Inversely Related According to the Law of Demand?
    The price of a good is inversely related to the quantity of it demanded due to human logic and behavior, as well as the income and substitution effects.  ( 23 min )
    Meta Rolls Out Generative AI Tool To All Advertisers To Help Tailor Ads
    Almost all (98%) of Meta's revenue comes from advertising, and a better experience for advertisers could boost the company's financials.  ( 17 min )
    PenFed CD Rates: October 2023
    Certificates of deposit (CDs) can be a great method to save money for the future. Learn about PenFed CD rates, and see if they’re a good fit for your finances.  ( 23 min )
    How to Change Careers to a Financial Sector Job
    The financial sector offers some of the best-paying jobs. See what jobs are available and find out how to switch careers to a finance job.  ( 24 min )
    Amazon, Microsoft, and Google Face Investigation Into Cloud Services by UK Regulators
    The U.K. Competitions and Markets Authority launched an investigation into cloud services and whether big cloud services providers like Amazon, Microsoft, and Google make it difficult for businesses to switch or use more than one provider.  ( 17 min )
    What Is Keiretsu? Definition, How It Works in Business, and Types
    Keiretsu is a business network composed of independent firms that have close relationships and sometimes take small equity stakes in each other.  ( 24 min )
    Equation of Exchange: Definition and Different Formulas
    The equation of exchange is a model that shows the relationship between money supply, price level, and other elements of the economy.  ( 23 min )
    Computers Boost Job Applications but Offers Fall
    Unemployed job seekers are sending out many more applications with the help of computers, according to a St. Louis Fed report, but lower rates of offers and acceptance make the chances of finding work about the same as in the early 1980s.  ( 18 min )
    Core Liquidity Definition
    Core liquidity is the cash and other financial assets that banks possess that can easily be liquidated and paid out as part of operational cash flows.  ( 21 min )
    5 Things to Know Before Markets Open
    Stock futures are falling ahead of data on initial jobless claims and Exxon reported its likely to see an earnings boost from higher oil prices. Here’s what investors need to know today.  ( 17 min )
  • Open

    Zweedse belegger wil twaalfduizend Nederlandse huurwoningen verkopen
    De Zweedse vastgoedbelegger Heimstaden wil 12.000 van zijn 13.500 Nederlandse huurwoningen verkopen. Reden zou het nieuwe overheidsbeleid zijn om huurprijzen verder te reguleren. Dat zou de verhuur minder aantrekkelijk maken voor het bedrijf.  ( 10 min )
    Middeninkomens profiteren ook van verhoging minimumloon
    Als het aan de Tweede Kamer ligt, gaat het minimumloon volgend jaar met 1,2 procent omhoog. En daar kunnen de middeninkomens ook van profiteren, zeggen deskundigen tegen NU.nl. Werkgevers vrezen hogere loonkosten en zien niets in de plannen.  ( 10 min )
    Consumenten dekken zich in voor de winter door energiecontract vast te zetten
    Nu de koude maanden zich aandienen en de energieprijzen nog dalen, kiezen steeds meer consumenten voor zekerheid. In september nam het aantal huishoudens met een vast contract toe met 214.000. Zo'n 36 procent heeft nu een vast contract.  ( 9 min )
    Mannen vaker de klos bij arbeidsongeval: slechts een op acht slachtoffers is vrouw
    Het aantal arbeidsongevallen is in 2022 flink toegenomen. Vorig jaar zijn er 2.357 slachtoffers gevallen bij een arbeidsongeval, 22 procent meer dan een jaar eerder. Veertig van hen zijn bij het ongeval overleden. Verder zijn mannen duidelijk vaker de klos dan vrouwen.  ( 9 min )
    Donald Trump hoort niet langer bij de club rijkste Amerikanen
    Donald Trump staat niet meer in de Forbes 400. Op deze lijst staan de rijkste Amerikanen op volgorde van vermogen. Trump komt 300 miljoen dollar (285 miljoen euro) tekort.  ( 8 min )
    Digitale lopende band moet 'sushiterreur' in Japanse restaurants voorkomen
    Een Japanse restaurantketen heeft een digitale lopende band bedacht om de gasten te serveren, meldt CNN. Daarmee wil de keten iets doen tegen 'sushiterreur'. Eerder hebben restaurantbezoekers speeksel aan het eten gesmeerd.  ( 9 min )
    Grootste daling olieprijs in ruim een jaar door hoge rentes
    De marktprijzen voor olie zijn woensdag met ruim 5 procent gezakt. Dat is de grootste daling sinds augustus vorig jaar. Voor een vat Noordzeeolie betaal je nu 85 dollar (ongeveer 81 euro). Lagere olieprijzen kunnen gunstig uitpakken voor de automobilist.  ( 9 min )
    Hoe zit het met de huizenprijzen in jouw regio?
    De huizenprijzen zijn in de afgelopen drie maanden weer iets gestegen. Toch ligt de gemiddelde verkoopprijs nog wel iets lager dan in dezelfde periode een jaar eerder. Bekijk hier hoe de huizenprijzen in jouw regio zich hebben ontwikkeld.  ( 7 min )
    Koophuis weer iets duurder, tekort loopt op
    De huizenprijzen zijn weer iets gestegen. In de maanden juli, augustus en september veranderde een bestaande woning voor gemiddeld 422.000 euro van eigenaar.  ( 9 min )
    NU+ | Thuiswerken: is dat nou productief, of zit je beter op kantoor?
    Op de bank je laptop openklappen en aan het werk: veel mensen genieten van thuiswerken. Maar werk je ook efficiënter en ben je productiever? NU.nl vroeg het experts.  ( 9 min )
    Huizenprijzen stegen ook in de afgelopen maanden weer iets
    De huizenprijzen zijn weer iets gestegen. In de maanden juli, augustus en september veranderde een bestaande woning voor gemiddeld 422.000 euro van eigenaar.  ( 9 min )
    Nederlanders vergokken online ruim 1,3 miljard euro in een jaar tijd
    Nederlandse gokkers hebben in het afgelopen jaar 1,33 miljard euro verloren met online kansspelen. Daarmee groeit de legale online gokmarkt in ons land nog steeds, maar minder hard dan voorheen.  ( 9 min )
    Stelling | 'De zorgpremie moet gekoppeld worden aan leeftijd'
    Naar verwachting gaat de zorgpremie flink stijgen volgend jaar. Zorgverzekeraar DWS wijst naar loonsverhogingen van zorgpersoneel. Ook de hogere kosten in de zorg vanwege de vergrijzing zijn een oorzaak. Vandaag is daarom onze stelling: 'De zorgpremie moet gekoppeld worden aan leeftijd.'  ( 8 min )
    Niet alles in de supermarkt wordt duurder, maar de kruidnoot wel
    De prijzen van etenswaren zijn in de eerste helft van 2023 iets duurder geworden. Consumenten betaalden gemiddeld 3,7 procent meer voor hun boodschappen. Maar dat geldt gelukkig niet voor álles wat je in de supermarkt koopt.  ( 9 min )
    Explainer | Zorgpremie weer duurder: zo is de prijs opgebouwd
    Je zorgpremie wordt waarschijnlijk weer duurder. Het gaat om om en nabij 12 euro. Hoe is de prijs van je zorgpremie opgebouwd?  ( 3 min )
    Niet alles in de supermarkt wordt duurder, maar de pepernoot wel
    De prijzen van etenswaren zijn in de eerste helft van 2023 iets duurder geworden. Consumenten betaalden gemiddeld 3,7 procent meer voor hun boodschappen. Maar dat geldt gelukkig niet voor álles wat je in de supermarkt koopt.  ( 9 min )
  • Open

    Google Takes Aim at Apple with High-End Pixel Phone
    Google hosted its 'Made by Google' event and unveiled a $999 pixel phone to compete in the smartphone industry.  ( 1 min )
    Apple CEO Tim Cook Sells Shares Valued at About $88 Million
    Apple CEO Tim Cook sold 511,000 shares of company stock worth about $88 million as the stock price has tumbled from its all-time high.  ( 1 min )
    Apple Shares Waver Following a Downgrade From KeyBanc on Soft US Sales Outlook
    Apple shares wavered between gains and losses after a downgrade from KeyBanc that anticipates a slowdown in U.S. sales growth.  ( 1 min )
    Sunrun Shares Fall to More Than 3-Year Low After Downgrade on Rate Headwinds
    Sunrun shares sank to their lowest level since April 2020 before paring back some losses after a downgrade from Truist, which warned high interest rates could impact the solar panel installation market.  ( 1 min )
    Tesla Shares Gain as EV Maker Offers Lower-Priced Model Y SUV
    Tesla shares rose Wednesday after the EV maker said it would sell a rear-wheel drive version of its most popular vehicle, the Model Y, at the lowest price yet for that SUV.  ( 1 min )
  • Open

    S&P 500 Gains and Losses Today: Index Rises as Hiring Slowdown Eases Fed Rate Hike Worries
    The S&P 500 added 0.8% on Wednesday, Oct. 4, 2023, after a report showing lower-than-expected private sector job growth in September eased rate hike concerns.  ( 1 min )
    What Should Investors Do Amid the Rout in the Stock and Bond Market?
    The rare combination of falling stock and bond prices has left investors with choices they haven’t had to make in decades.  ( 1 min )
    Dow Jones Today: Stock Futures Rise as Bond Yields Retreat and Jobs Growth Slows
    U.S. stock futures were up in premarket trading Wednesday, rebounding from Tuesday's sell-off, as bond yields retreated from overnight highs and data showed private payrolls added far fewer jobs than expected in September, a counterpoint to yesterday's unexpected rise in job openings.  ( 1 min )
    Markets Rise Midday as Weaker-Than-Expected Private Sector Hiring Eases Rate Hike Fears
    Markets were higher at midday on Wednesday, Oct. 4, 2023 as a report showing a slowdown in private sector hiring eased worries that a strong labor market would encourage the Fed to hike interest rates further.  ( 1 min )
    Ford, GM Sales Rise in 3Q Despite UAW Strike, Stellantis Down Slightly
    Ford and General Motors saw an increase in sales volume in the third quarter of 2023 while Stellantis reported a slight decline amid the ongoing United Auto Workers strike.  ( 1 min )

  • Open

    The New York City Economy Tracker
    Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics.  ( 22 min )
    New York City Economic Tracker: September 18, 2023
    Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics.  ( 18 min )
    Gift: Meaning, Tax Considerations, Example
    A gift is something of value that is given without something of equal value being exchanged in return and, in some instances, is subject to tax.  ( 23 min )
    Ford, GM Sales Rise in 3Q Despite UAW Strike, Stellantis Down Slightly
    Ford and General Motors saw an increase in sales volume in the third quarter of 2023 while Stellantis reported a slight decline amid the ongoing United Auto Workers strike.  ( 17 min )
    October CD Rates Even Higher Than September in Most Terms
    The best nationally-available CD rates top September's already-sky-high APYs. You can now earn 6.00% in three different terms, and all terms offer at least 5.00%.  ( 17 min )
    S&P 500 Gains and Losses Today: Index Rises as Hiring Slowdown Eases Fed Rate Hike Worries
    The S&P 500 added 0.8% on Wednesday, Oct. 4, 2023, after a report showing lower-than-expected private sector job growth in September eased rate hike concerns.  ( 16 min )
    Sunrun Shares Fall to More Than 3-Year Low After Downgrade on Rate Headwinds
    Sunrun shares sank to their lowest level since April 2020 before paring back some losses after a downgrade from Truist, which warned high interest rates could impact the solar panel installation market.  ( 17 min )
    Why the Holidays Are a Good Time to Sell a House
    The housing market traditionally heats up in the spring. But low inventory and more serious buyers are among the reasons the holidays can be a good time to sell.  ( 26 min )
    Why More People Than Ever Are Paying Over $1000 a Month for New Cars
    A record number of people are paying $1,000 or more for their monthly auto loan payments, and it’s not just because of high prices.  ( 17 min )
    How Does Aggregate Demand Affect Price Level?
    Increasing aggregate demand usually corresponds with increasing price levels while decreasing demand corresponds with lower price levels. But the link isn't always clear.  ( 23 min )
    Top CD Rates Today: Earn 5.75% to 6.00% With One of These 13 CDs
    The best CD rates available nationwide are three 6.00% offers from Credit Human and INOVA Federal Credit Union, as well as 5.76% from TotalDirectBank.  ( 19 min )
    Multilateral Investment Guarantee Agency: Overview, History
    The Multilateral Investment Guarantee Agency is an organization that encourages investment in developing countries by offering risk insurance.  ( 20 min )
    Tesla Shares Gain as EV Maker Offers Lower-Priced SUV
    Tesla shares rose Wednesday after the EV maker said it would sell a rear-wheel drive version of its most popular vehicle, the Model Y, at the lowest price yet for that SUV.  ( 17 min )
    What Should Investors Do Amid the Rout in the Stock and Bond Market?
    The rare combination of falling stock and bond prices has left investors with choices they haven’t had to make in decades.  ( 22 min )
    What Is a Sharpe Ratio? Understanding Its Use in Investing
    Learn how to calculate and interpret the Sharpe ratio. Discover its significance to investors and find out what is considered a good Sharpe ratio.  ( 23 min )
    What Was the Tulsa Race Massacre?
    From May 31 to June 1 in 1921, the Greenwood District of Tulsa, Okla., “Black Wall Street,” was torched. Thousands were left homeless & some 300 died.  ( 29 min )
    How SEC Regs Will Change Cryptocurrency Markets
    The SEC's recent enforcement push seeks to protect cryptocurrency investors from those wishing to take advantage of them.  ( 34 min )
    PNC Savings Account Interest Rates: October 2023
    See a full overview of PNC savings account interest rates. Compare PNC Bank to top competitors and find the right savings account for your financial needs.  ( 26 min )
    Google Takes Aim at Apple with High-End Pixel Phone
    Google hosted its 'Made by Google' event and unveiled a $999 pixel phone to compete in the smartphone industry.  ( 18 min )
    Gift Splitting: Definition, Example, and Tax Rules
    Gift splitting allows a married couple to gift twice as much without being subject to a gift tax.  ( 24 min )
    10 Tips for Managing Your Student Loan Debt
    How to manage those burdensome payments as you embark on your adult life.  ( 27 min )
    Brexit: Winners and Losers
    Now that a Brexit deal has finally been reached, here’s what we know about the few winners and many losers of Brexit.  ( 29 min )
    Apple CEO Tim Cook Sells Shares Valued at About $88 Million
    Apple CEO Tim Cook sold 511,000 shares of company stock worth about $88 million as the stock price has tumbled from its all-time high.  ( 16 min )
    Student Loan Interest Deduction Definition and How to Claim It
    The student loan interest deduction allows for a tax break of up to $2,500 for interest payments on loans for higher education. Here's how to qualify.  ( 27 min )
    What Happens If You Don’t Pay Your Student Loans?
    Here are some of the worst consequences of not making payments on your student loans, plus some federal programs to help you if you’re struggling to pay.  ( 26 min )
    Slowing Services Sector Activity Hinders U.S. Economic Outlook
    The services sector, which accounts for roughly four-fifths of U.S. GDP, is showing signs of weakness, according to the latest PMI surveys issued by S&P Global and the Institute for Supply Management.  ( 18 min )
    The Economy of Canada: An Explainer
    Understand Canada's key industries, main trading partners, and key stats such as GDP and GDP per capita.  ( 27 min )
    Fiscal Year: What It Is and Advantages Over Calendar Year
    A fiscal year (FY) is a 52- or 53-week period of time that a company or government uses for accounting purposes and preparation of its financial statements.  ( 26 min )
    What Is the Grayscale Bitcoin Trust?
    The Grayscale Bitcoin Trust (GBTC) can help simplify investing in cryptocurrency, but it also poses some major disadvantages.  ( 28 min )
    What Is Student Loan Forgiveness?
    Student loan forgiveness is a release from having to repay the borrowed sum, in full or in part. It's currently limited to borrowers in certain public service fields.  ( 32 min )
    Discover Savings Account Interest Rates: October 2023
    Discover’s savings account doesn’t usually have the highest APY, but it’s easily accessible with no minimum deposit or monthly fee.  ( 24 min )
    AI May Not Boost Productivity For Everyone And Likely Wont Have An Economic Impact Soon
    While JP Morgan Chase CEO Jamie Dimon has predicted that artificial intelligence could bring about a shortened workweek, a report from Oxford Economics says a shrinking labor supply could challenge the productivity gains projected from AI.  ( 17 min )
    Great Financial Gifts for Kids for the Holidays
    Parents, grandparents, and other interested adults can give financial gifts to children to help secure their future. Learn more about what's available.  ( 26 min )
    Markets Rise Midday as Weaker-Than-Expected Private Sector Hiring Eases Rate Hike Fears
    Markets were higher at midday on Wednesday, Oct. 4, 2023 as a report showing a slowdown in private sector hiring eased worries that a strong labor market would encourage the Fed to hike interest rates further.  ( 18 min )
    Joining the Military: Active Duty vs. Reserves
    Joining the military is a major decision with life-altering consequences, so before making it, you should know exactly what active-duty or reserve-duty service entails.  ( 26 min )
    How New Tax Changes Promote 529 Investments
    The most recent rounds of tax reform have expanded the benefits of 529 college savings plans.  ( 26 min )
    Apple Shares Waver Following Downgrade From KeyBanc on Soft US Sales Outlook
    Apple shares wavered between gains and losses after a downgrade from KeyBanc that anticipates a slowdown in U.S. sales growth.  ( 17 min )
    Cal-Maine's Profit Plunges 99% as Egg Prices Slump
    Shares of Cal-Maine Foods slumped as the egg producer’s profit plummeted along with the price of eggs.  ( 17 min )
    30-Year Mortgage Rates Rise to Yet Another Historic High
    Rates on 30-year mortgages have jumped two days in a row, adding almost a third of a percentage point and setting a new 23-year high in 8% territory.  ( 19 min )
    How I Leveraged a Mortgage Refi to Buy Rental Properties
    When you’re taking the plunge into buying rental property, lean on the expertise of professionals and know when it’s time to cut your losses.  ( 20 min )
    Biden Administration Earmarks Additional $9B in Student Loan Relief for 125,000 Borrowers
    The Biden administration on Wednesday approved an additional $9 billion in student loan relief for up to 125,000 borrowers.  ( 17 min )
    How Inflation and Unemployment Are Related
    How can inflation affect unemployment, and vice versa? Here, we examine the relationship between wage inflation, consumer prices, and unemployment.  ( 31 min )
    Largest Health Care Workers Strike in US History Is Underway Against Kaiser Permanente
    About 75,000 workers of the Coalition of Kaiser Permanente Unions went on strike against the health care company demanding better pay and benefits, in a move that could disrupt patient care and briefly dent Kaiser's revenues.  ( 20 min )
    How to Plan for Retirement
    Regardless of your age, taking these five steps will help you build a solid retirement plan.  ( 29 min )
    What's the Average Salary of a Chief Financial Officer (CFO)?
    A CFO salary often includes base pay plus a whole lot of perks, bonuses, and benefits. Discover how much a CFO earns and what it takes to become one.  ( 25 min )
    The 10 Richest People in the World
    Learn who the top 10 billionaires in the world are and how they built their wealth.  ( 35 min )
    Private Employers Added 89,000 Jobs in September, the Fewest Since January 2021
    The slower-than-expected pace of private sector hiring is in contrast to yesterday's JOLTS report that underscored a strong demand for labor, offering mixed signals about the resilience of the U.S. labor market.  ( 18 min )
    Intel Shares Rise After Announcing Plans to Take Its Programmable Chip Unit Public
    Intel plans to spin out its programmable chip unit into a standalone business, with an initial public offering expected in the next two to three years.  ( 17 min )
    5 Things to Know Before Markets Open
    House Speaker Kevin McCarthy's ouster raises the odds of a government shutdown later this year, and bond yields rose to 16-year highs on worries over political dysfunction and economic resilience. Here’s what investors need to know today.  ( 18 min )
    Official Settlement Account: What it is, How it Works
    An official settlement account tracks central banks' reserve asset transactions.  ( 24 min )
  • Open

    Ford’s Hybrids Take Off, Pushing Third-Quarter Sales Up 7.7%
    The company recorded a 41.4% increase in hybrid sales, which outperformed EVs.  ( 29 min )
    Rivian Sinks After EV Maker Plans Convertible Note Offering
    (Bloomberg) -- Rivian Automotive Inc. sank in post market trading Wednesday after the electric-vehicle maker announced plans to issue $1.5 billion in convertible debt and reported preliminary third-quarter revenue. Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsUS Stocks Buoyed by Big Tech Gains as Yields Slide: Markets WrapAlmost Anyone Can Become the House Speaker, Except Donald TrumpFootball’s World Cup Is Coming to North Africa for First TimeMcCarthy Ouste  ( 32 min )
    Rivian Tumbles Late On Plan To Offer Convertible Debt
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    ‘Stocks Are Still the Best Play’: Bank of America Sees Compelling Opportunity in These 2 Names — Here’s What Makes Them Attractive Buys
    The macro backdrop offers a set of concerns that have weighed on investors recently. These have seemingly put the brakes on 2023’s bull market and include the prospect of interest rates staying elevated for the time being and oil prices on the up again, all while a workers’ strike rumbles on in the background. However, Savita Subramanian, the head of U.S. equity & quantitative strategy at Bank of America, makes the case that the economy is strong enough so that none of that should get in the way  ( 35 min )
    An early investor in Warren Buffett's Berkshire Hathaway is now worth $3 billion – and joined the Forbes 400 this year
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    BlackBerry Plans IPO for Its Internet of Things Business
    (Bloomberg) -- BlackBerry Ltd., wrapping up a strategic review of its options, plans to hold an initial public offering for the company’s Internet of Things division, separating the business from its main cybersecurity operations. Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsAlmost Anyone Can Become the House Speaker, Except Donald TrumpUS Stocks Buoyed by Big Tech Gains as Yields Slide: Markets WrapFootball’s World Cup Is Coming to North Africa for First Ti  ( 32 min )
    Costco is seeing a gold rush. What's behind the demand for its 1-ounce gold bars?
    Looking for something to add to your Costco cart along with the 30 rolls of toilet paper? While not a typical outlet for the sale of precious metals, the members-only warehouse chain has seen its 1-ounce gold bars sell out faster than discounted 170-ounce jugs of laundry detergent. In a company earnings call last week, CFO Richard Galanti said the gold bars, sold exclusively online, are “typically gone within a few hours” of appearing on Costco's website — adding that there's a two-bar limit per member.  ( 34 min )
    EV maker Rivian plans $1.5 billion convertible bond sale, shares fall
    (Reuters) -Electric-vehicle maker Rivian Automotive on Wednesday said it plans to sell convertible green bonds worth $1.5 billion and forecast quarterly revenue to rise in line with estimates. Convertible bonds can be dilutive when converted into shares and are typically seen negatively by investors when issued. Rivian's bond will mature in October 2030 and investors will have the option to convert the bonds into cash or shares in the company, it said in a filing.  ( 32 min )
    AT&T Exploring Options for DirecTV as Pay-TV Subscriptions Continue Decline
    (Bloomberg) -- AT&T Inc. has begun to explore options for its 70% stake in DirecTV as it approaches the end of an agreement upon which it can legally sell its interest in America’s third-largest pay-TV provider.Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsUS Stocks Buoyed by Big Tech Gains as Yields Slide: Markets WrapAlmost Anyone Can Become the House Speaker, Except Donald TrumpFootball’s World Cup Is Coming to North Africa for First TimeKevin McCarthy Ous  ( 33 min )
    The bond market is being held captive by Treasury supply and bond vigilantes, and the key 10-year yield will probably go to 5%, bond king Bill Gross says
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    BlackBerry to separate IoT and cybersecurity business units
    BlackBerry said on Wednesday it would separate its Internet of Things (IoT) and cybersecurity business units into two separate entities. The company said the chief objective of the separation is to pursue a subsidiary initial public offering for the IoT business, targeted in the first half of the next fiscal year. BlackBerry, which transitioned to a cybersecurity and IoT software-maker, said in May that it was reviewing its business.  ( 31 min )
    Top strategist sees ‘echoes of the 1987 crash’ in today’s stock market. ‘All you can do is brace yourself and hope for the best’
    Société Générale's Edwards said that while some economists are expecting a soft landing his "view is that a recession still lurks.”  ( 35 min )
    Exxon 3Q profits to climb from last quarter on higher prices
    Exxon Mobil said on Wednesday big increases in oil, gas and fuel prices would deliver a third-quarter operating profit between $8.3 billion and $11.4 billion, below the year ago's record earnings but up from its second quarter. Exxon's snapshot of operating profits, delivered in a securities filing after the market close, signals a good quarter for oil companies on high oil prices and strong demand for gasoline and diesel. The largest U.S. oil producer posted total profit in the same quarter a year ago of $19.7 billion and $7.9 billion in its second quarter this year.  ( 32 min )
    Long Bonds’ Historic 46% Meltdown Rivals Burst of Dot-Com Bubble
    (Bloomberg) -- Losses on longer-dated Treasuries are beginning to rival some of the most notorious market meltdowns in US history.Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsTech Giants Fuel End of Day Climb as Yields Slide: Markets WrapKevin McCarthy Ousted as US House Speaker by Republican DissidentsMcCarthy Ouster Means More Turmoil as Next Shutdown Fight LoomsWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapBonds maturing in 10 years or m  ( 32 min )
    Auto worker strike highlights disparities between temporary and permanent employees
    When Rhonda Naus got a job inspecting Jeep Wranglers fresh off the assembly line, her paycheck added up to roughly half of what her co-workers were making. From office workers to delivery drivers, companies have become increasingly reliant on temporary workers. Tiers for the Detroit automakers were created starting in 2007 as the UAW tried to help them out of serious financial troubles.  ( 35 min )
    Top CD Rates Today: Earn 5.75% to 6.00% With One of These 13 CDs
    The best CD rates available nationwide are three 6.00% offers from Credit Human and INOVA Federal Credit Union, as well as 5.76% from TotalDirectBank.  ( 21 min )
    Biden administration discharges another $9 billion in student loan debt
    President Biden today wiped away an additional $9 billion in student debt. Since he took office, his administration has discharged $127 billion in student loan debt for more than 3.5 million borrowers.  ( 33 min )
    Intel's Planned Spinoff Is A Sign The Chipmaker Needs Cash
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    Teva Leans Into Sanofi's 'Pipeline-In-A-Product' Expertise In $1.5 Billion Deal
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    AI Will Be Bigger Than Industrial Revolution, Says Leading AI Executive
    Nvidia's graphics chips have become a crucial ingredient in AI work, but someone needs to make the servers to run the chips. Enter Super Micro.  ( 22 min )
    Carnival Is Feeling Pinch of Higher Fuel Costs, May Raise Prices
    Carnival has regained some of its footing after the pandemic brought the cruise industry to its knees, and is looking to further increase growth as it pays down debt. But the cruise giant is feeling the pinch from soaring fuel prices.  ( 28 min )
    Keystone Pipeline Restarts at Half Capacity of 300,000 Barrels a Day
    (Bloomberg) -- The Keystone crude pipeline, a vital artery transporting Canadian oil to markets in the US and overseas, is operating at about half of its capacity after a brief disruption. Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsGlobal Rout Takes a Breather as Traders Parse Data: Markets WrapKevin McCarthy Ousted as US House Speaker by Republican DissidentsWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapMcCarthy Ouster Means More Turmoil  ( 32 min )
    How to find out your 2024 Social Security COLA increase
    The Social Security Administration’s website lets you get an early look at how much your benefits will increase next year.  ( 32 min )
    In his first job, Sam Bankman-Fried designed a system that called Trump's 2016 win before major news outlets — but the firm still lost $300 million on election night
    Bankman-Fried joined Jane Street Capital straight out of college, and made $300,000 in his first year.  ( 32 min )
    When Will the Fed Stop Rate Hikes? Dimon, Ackman, Dalio May Have Reached a Consensus
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    Tesla Stock Is Surging. Thank the EV Bears.
    Shares of electric-vehicle maker Tesla are rallying Wednesday on no official news. It's likely bearish investors trying to manage their bets against Tesla stock.  ( 22 min )
    Bill Gates Recalls The Time Fellow Billionaire Warren Buffett Treated Him To Lunch At McDonald's And Paid Using Coupons — 'You Offered To Pay, Dug Into Your Pocket And Pulled Out ... Coupons!'
    Berkshire Hathaway Inc. Chairman and CEO Warren Buffett is immensely wealthy and notoriously frugal. His frugality isn't for personal gain. He has given billions to various charities and signed the Giving Pledge, affirming that over 99% of his fortune will be dedicated to philanthropic causes during his life or upon his passing. Microsoft Corp. Co-Founder Bill Gates, one of Buffett's close friends, recalls an incident in the 2017 annual letter posted on Gates Notes. During a trip to Hong Kong, t  ( 34 min )
    Analyst Report: Exelon Corp.
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    Elon Musk’s $13 billion whip hand against Wall Street: How interest rates and the financial disaster at Twitter put the world’s richest man in the driver’s seat
    Might Musk be looking to buy back X's debt at a steep discount? It would be just the kind of swashbuckling coup he so relishes.  ( 38 min )
    Market Update: CCL, EXC, MKC
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    Economy Is 'Definitely Weakening': Bill Ackman Warns Of A 'Big Threat' For Certain Americans. Here Are His Top 3 Holdings
    Following the Federal Reserve's 11 interest rate hikes, many experts have expressed concerns about the impact of higher rates on the American economy. According to Bill Ackman, CEO of Pershing Square Capital Management, the economy is starting to slow. "I think the level of real interest rates is high enough to slow things down, you know, high mortgage rates, high car rates, high credit card rates, they're starting to really have an impact on the economy," he said in a recent CNBC interview. "Th  ( 34 min )
    Tesla Stock Flashes Aggressive Buy Signal, Leading S&P 500, As Bulls Shrug Off Bad News
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    How the White House Keeps Canceling Student Debt After Supreme Court Ruling
    President Biden is providing $9 billion in forgiveness for 125,000 borrowers as loan payments resume.  ( 28 min )
    The 'Bond King' warns US consumers are headed down 'a death spiral'
    Billionaire investor and 'The Bond King' Jeffrey Gundlach says economic indicators are "strongly suggestive" of a recession in the first half of next year.  ( 32 min )
    S&P 500 Faces a Make-or-Break Moment
    (Bloomberg) -- Stocks are recovering mildly Wednesday, but if they fall much further technicals suggest bulls could be in for some serious pain in the weeks ahead before indexes ultimately stabilize. Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsAlmost Anyone Can Become the House Speaker, Except Donald TrumpUS Stocks Buoyed by Big Tech Gains as Yields Slide: Markets WrapOzempic Is Making People Buy Less Food, Walmart SaysFootball’s World Cup Is Coming to Nort  ( 33 min )
    30-Year Mortgage Rates Rise to Yet Another Historic High
    Rates on 30-year mortgages have jumped two days in a row, adding almost a third of a percentage point and setting a new 23-year high in 8% territory.  ( 19 min )
    Citigroup outlines layoff process, reassignments in overhaul -memo
    Citigroup has embarked on its biggest reorganization in decades, its managers are reviewing staff rosters to determine by November who will stay in place, be reassigned or laid off, according to a global memo to staff on Wednesday seen by Reuters. "Some roles will change, new roles may be created, and new roles that do not fit our new structure will be eliminated," Sara Wechter, the bank's chief human resources officer, wrote in the memo. Citi declined to comment on the global memo.  ( 32 min )
    A Banker Urged Struggling Families To Invest In Coca-Cola Stock During The Great Depression And They Became Millionaires – A Single $40 Share Pre-IPO Is Worth Over $10 Million Today
    Americans remain sharply divided in their preferences for soft drinks, but in the quaint town of Quincy, Florida, the taste of Coca-Cola is undisputedly favored. This preference isn’t just about flavor but has deep roots in the town’s history and its rise of “Coca-Cola millionaires.” In 1919, Coca-Cola made its debut on the public market. Those fortunate enough to purchase a share at its initial price of $40 and continuously reinvest its dividends would be looking at a value of over $10 million  ( 33 min )
    Oil: 'Demand destruction has begun', say JPMorgan analysts
    Expect lower oil demand in the fourth quarter.  ( 33 min )
    Warren Buffett and Ken Griffin Have One Thing in Common: They’re Making a Big Bet on These 3 Stocks
    There’s no one way of achieving success in the stock market and different strategies can be used to attain the basic goal: seeing big returns on an investment. Talking of big returns achieved via divergent styles, then we can look at the techniques used by legendary investors such as Warren Buffett and Ken Griffin. Both have had huge success but adhere to different tactics. Buffett made his reputation by favoring value investing, seeking out equities underappreciated at the time and then watchin  ( 36 min )
    The S&P 500 Has to Hold 4200. What Happens If It Breaks Below That.
    The index has dropped just over 8% from its intraday high of just over 4607, hit in late July.  ( 22 min )
    Apple downgraded, Oddity upgraded: Wall Street's top analyst calls
    Apple downgraded, Oddity upgraded: Wall Street's top analyst calls  ( 34 min )
    Stocks edge up as bond selloff takes a break: Stock market news today
    Wall Street stocks got a respite from the bond rout as investors increasingly accept the idea that the era of low interest rates is ending.  ( 35 min )
    Apple CEO Tim Cook makes $41 million from biggest stock sale in two years
    Cook sold 511,000 shares, which were worth about $87.8 million before accounting for taxes, according to the filing dated Tuesday. The Apple chief owns about 3.3 million shares, valued at about $565 million, following the sale, the filing showed. Apple launched its new iPhone 15 lineup last month, without raising prices, a move that some industry watchers said was in response to a global smartphone slump.  ( 32 min )
    Goldman Sachs calls an audible: Mortgage rates going up, after all, in 2023
    In January, the firm’s housing economists predicted mortgage rates would land at 6.5% by the end of this year. Now? Well, never mind. Goldman Sachs believes rates will run higher to around 7.1% by year end.  ( 33 min )
    Biden admin is forgiving $9 billion in debt for 125,000 Americans
    As student loan repayments restart in October, the Biden administration said 125,000 people with student loans will have their debt erased.  ( 32 min )
    Dow Jones Futures Rise After Weak ADP Jobs Data; Apple Slides On Downgrade
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    Energy Stocks, Oil Prices Slide Ahead Of Key Data With Gasoline Demand In Focus
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    New Lithium Stock Trades Today. It’s Another Way to Play the EV Trend.
    Lithium Americas has split into two companies. Both are now trading on the Toronto and New York stock exchanges.  ( 22 min )
    Why House Speaker Kevin McCarthy’s ouster could make everything less affordable for everyday Americans
    Investors are either increasingly unwilling or unable to finance a dysfunctional U.S. government, and this risks pushing borrowing costs for Americans higher.  ( 32 min )
    Oil Prices Fall Further Despite U.S. Inventories, Saudi Cuts
    U.S. crude futures are trading lower for the fourth time in five sessions, down 1.9% at $87.58 a barrel, which if maintained would be the lowest closing price since Sept. 11. News and events late yesterday and overnight were actually price supportive as Saudi Arabia reiterated its plan to keep a 1M  ( 11 min )
    Morningstar Says Stocks Are 8% Undervalued — Likes These 13 Best
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    Cathie Wood's Flagship ETF's Chart Looks Awful
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    Intel Stock Is Rising. Here’s How Its New Spinoff Could Help It Beat Nvidia.
    Intel is preparing an initial public offering of its Programmable Solutions Group. It could be a multibillion-dollar boost for the chip maker.  ( 22 min )
    US futures steady as bond selloff takes a break: Stock market news today
    Wall Street stocks got a respite from the bond rout as investors increasingly accept the idea that the era of low interest rates is ending.  ( 34 min )
    Ford Makes Fresh Offer to UAW Amid Strikes. Here’s What’s In It.
    The auto maker hopes it will be too good for the union to refuse. Meanwhile, GM has laid off more workers.  ( 22 min )
    Shares in Scandinavian Airlines plunge to become almost worthless after rescue deal announced
    Shares in Scandinavian Airlines dropped more than 90% on Wednesday after the ailing carrier announced new shareholders in a restructuring scheme that will see the company delisted and existing ownership stakes erased. The rescue deal involving airline alliance Air France-KLM and private equity firms Castlelake and Lind Invest, which became investors alongside the Danish state, was presented late Tuesday. The deal means that SAS will receive $475 million in new equity and $700 million in convertible debt.  ( 33 min )
    You May Be Paying Too Much in Taxes on Your Social Security Benefits. Here's How to Lower Them
    Millions of Americans rely on Social Security benefits for all, or a portion, of their retirement income. Up to 85% of Social Security benefits are subject to federal income tax, depending on your total household income. However, Fidelity recently presented options for taxpayers to reduce how much they pay in taxes on Social Security benefits. […] The post You May Be Paying Too Much in Taxes on Your Social Security Benefits. Here's How to Lower Them appeared first on SmartReads by SmartAsset.  ( 34 min )
    Apple CEO Tim Cook Gets $41 Million From Biggest Share Sale Since 2021
    (Bloomberg) -- Apple Inc. Chief Executive Officer Tim Cook sold stock worth about $41 million after taxes in his biggest sale in more than two years as the shares of the iPhone maker slide off recent highs.Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsKevin McCarthy Ousted as US House Speaker by Republican DissidentsWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broke  ( 32 min )
    Analyst Report: Consolidated Edison, Inc.
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    Market Digest: ED
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    Technical Assessment: Neutral in the Intermediate-Term
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    Daily Spotlight: Insiders Pivot to Bullish
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    Apple Stock Is Falling After a Downgrade. Four Reasons for Caution.
    Apple's historically high premium to other tech stocks was cited by analysts at KeyBanc as a factor behind their downgrade of the stock to Sector Weight.  ( 22 min )
    Daily – Vickers Top Insider Picks for 10/04/2023
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    Daily – Vickers Top Buyers & Sellers for 10/04/2023
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    Flaring Ticks Up in Texas Oil Patch, Showing Limits of ESG Pressure
    (Bloomberg) -- It has been the US oil industry’s biggest environmental success story in recent years. Gas flares that once lit up the night skies were shut off, curbing a wasteful practice that generated millions of tons of planet-warming emissions. Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsKevin McCarthy Ousted as US House Speaker by Republican DissidentsWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapWhy a US Recession Is Still Likely —  ( 36 min )
    World's biggest bond markets hit by relentless selling
    An unrelenting selloff in world government bond markets pushed U.S. 30-year Treasury yields to 5% for the first time since 2007 and Germany's 10-year borrowing costs to 3% on Wednesday, moves that could hasten a global economic slowdown. A growing sense that interest rates in major economies will stay higher for longer to contain inflation, ever resilient U.S. economic data and a sharp unwinding of traders' positions for a bond rally have hit hard. In the U.S. Treasury market -- considered the bedrock of the global financial system -- 10-year yields have soared almost 30 basis points (bps) to 4.8% this week alone, and are up almost 100 bps this year, having jumped over 200 bps in 2022.  ( 32 min )
    These Stocks Are Moving the Most Today: Apple, Intel, Cal-Maine Foods, A10 Networks, and More
    Apple shares are downgraded at KeyBanc, Intel plans a spinoff of its programmable solutions business, and sales slump at Cal-Maine Foods as egg prices tumble.  ( 22 min )
    The stock market selloff is all about the 'pain trade' in bonds
    As stocks sell off, Wall Street strategists believe all of the action is in reaction to rising Treasury yields.  ( 34 min )
    As student loan payments resume, Biden cancels $9 billion in debt
    (Bloomberg) -- President Joe Biden is canceling an additional $9 billion in student-loan debt, his latest action to aid borrowers after the Supreme Court blocked his debt-relief plan and as payments resume for millions of Americans.Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsKevin McCarthy Ousted as US House Speaker by Republican DissidentsWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapWhy a US Recession Is Still Likely — and Coming SoonAir  ( 31 min )
    Iron Ore Tycoon Muscles In On Albemarle’s Lithium Takeover
    (Bloomberg) -- Australia’s richest woman has added to her stake in lithium miner Liontown Resources Ltd. for the fourth time in under a month, edging closer to a position that could block a A$6.6 billion ($4.2 billion) takeover by the world’s biggest producer of the metal.Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsKevin McCarthy Ousted as US House Speaker by Republican DissidentsWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapWhy a US Reces  ( 33 min )
    Sam Bankman-Fried Lost Half a Million Dollars Everyday After Alameda Launched, Michael Lewis Claims
    The tides finally changed after Gary Wang and Nishad Singh (both FTX directors who have since pled guilty to fraud in the ongoing trial) joined the firm.  ( 31 min )
    Oil Slides Ahead of Key OPEC Meeting
    Oil prices fell ahead of a key OPEC meeting later, with Standard Chartered saying it is unlikely producers at the meeting will be less cautious around production due to uncertainties around the global economy and central-bank policy.  ( 25 min )
    Financial Rout Spreads as US 30-Year Yield Hits 5%: Markets Wrap
    (Bloomberg) -- An accelerating selloff in US government bonds is starting to spread havoc across Asia’s financial markets, pushing up borrowing costs, spurring currency-market intervention and driving stocks toward a technical correction. Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapKevin McCarthy Ousted as US House Speaker by Republican DissidentsWhy a US Recession Is Still Likely — and Coming  ( 34 min )
    Novartis' Sandoz valued at $11.2 bln in market debut
    Sandoz made its market debut with a lower-than-expected valuation of 10.3 billion Swiss francs ($11.2 billion) on Wednesday, after the generic and biosimilar drugmaker was spun off from Swiss pharmaceutical company Novartis. Deutsche Bank had said Sandoz, which accounted for 11% of Novartis' group operating profit in 2022, would likely be valued at $11-$13 billion, while brokerage Berenberg had forecast $17-$26 billion. The shares, which opened at 24 Swiss francs, became members of the Swiss Performance Index and the Swiss Leader Index, among other stock market gauges, and American depositary receipts also started trading on Wednesday.  ( 32 min )
    Here’s What Market Strategists Are Saying About the McCarthy Ouster
    (Bloomberg) -- The historic ouster of Republican Kevin McCarthy as Speaker of the House may add to the risk of a US sovereign credit-rating downgrade and further roil markets, according to strategists. Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapKevin McCarthy Ousted as US House Speaker by Republican DissidentsWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broken, I  ( 33 min )
    Dow plunges 430 points as yields surge to levels not seen since 2007 and slam US stocks
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    Oil Steadies Ahead of OPEC+ Review and US Stockpiles Snapshot
    (Bloomberg) -- Oil steadied ahead of an OPEC+ review of the global crude market and a weekly update of US stockpiles.Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsWhy a US Recession Is Still Likely — and Coming SoonWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapKevin McCarthy Ousted as US House Speaker by Republican DissidentsAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.West Texas Intermediate was little changed above $89  ( 32 min )
    The stock market today has 'echoes' of the 1987 crash, and even a hint of a recession would be a massive blow to equities, Societe Generale says
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  • Open

    Verkoop van nieuwbouwhuizen volledig ingestort in tweede kwartaal
    De verkoop van nieuwe huizen is in het tweede kwartaal gehalveerd vergeleken met dezelfde periode een jaar eerder. Het is de grootste daling sinds statistiekbureau CBS in 2015 is begonnen met meten.  ( 9 min )
    Groene praatjes van grootste supermarkten blijken maar weinig gaatjes te vullen
    De zeven grootste supermarkten houden er meer groene praatjes op na dan daadwerkelijke acties. Wel timmeren Ekoplaza, Lidl en Albert Heijn het hardst aan de weg als het gaat om duurzame en eerlijke producten.  ( 10 min )
    Lonen stegen in tien jaar niet zo hard als in vorig kwartaal
    De reële loonstijging kwam in het vorige kwartaal uit op 3,4 procent. Dat is de grootste toename in tien jaar tijd, blijkt uit cijfers van statistiekbureau CBS.  ( 8 min )
    Partijen zwakken koopkrachtplannen af: minimumloon iets minder omhoog
    De wens in de Tweede Kamer om de koopkracht volgend jaar wat extra te stutten, zijn naar beneden bijgesteld. Zo stijgen het minimumloon en de daaraan gekoppelde AOW volgend jaar met 1,2 procent in plaats van de eerder voorgestelde 1,7 procent.  ( 11 min )
    NASA-astronauten gaan in Prada-pakken naar de maan
    Het Italiaanse modemerk Prada gaat ruimtepakken ontwerpen voor NASA-astronauten die in 2025 naar de maan gaan. Het bedrijf werkt hiervoor samen met het Amerikaanse ruimtevaartbedrijf Axiom Space.  ( 8 min )
    Nieuwe telefoon van Google krijgt thermometer en zeven jaar software-updates
    Google heeft zijn nieuwe telefoons gepresenteerd: de Pixel 8 en de Pixel 8 Pro. De telefoons krijgen verbeterde camera's, verschillende AI-functies en updates tot 2030.  ( 10 min )
    Twee kandidaten voor overname failliete veerdienst Holland Norway Lines
    Er gloort hoop voor de vorige maand failliet verklaarde veerdienst Holland Norway Lines. Curator Hans Silvius onderhandelt met twee gegadigden, die volgens hem serieuze interesse hebben in een overname.  ( 8 min )
    In Singapore is autorijden alleen voor rijken: vergunning kost 100.000 euro
    In Singapore moeten auto-eigenaren omgerekend zo'n 100.000 euro neerleggen voor alleen al een vergunning om een auto te mogen bezitten. Dat maakt het het duurste land ter wereld voor wie een auto wil kopen.  ( 8 min )
    Britse premier haalt streep door miljarden kostende spoorlijn
    Een Britse hogesnelheidslijn die Londen moet verbinden met het noorden van het land komt er niet. Premier Rishi Sunak vindt de tientallen miljarden kostende verbinding te duur en wil het geld liever gebruiken voor andere projecten.  ( 9 min )
    AI-stickergenerator in Facebook Messenger maakt ook schunnige stickers
    De nieuwe stickergenerator in Facebook Messenger kan uitgelokt worden tot het maken van schunnige stickers. Op het sociale netwerk X delen verschillende gebruikers van de berichtendienst creaties met bijvoorbeeld billen, borsten en wapens.  ( 3 min )
    Koperprijs zakt door zorgen over hoge rente en sterke dollar
    De koperprijs is gedaald naar het laagste niveau sinds eind mei en staat op zo'n 8.000 dollar (ruim 7.620 euro) per ton. In Londen is hij zelfs onder die grens gedoken. Door zorgen over de hogere rente en afzwakkende economie staat de koperprijs onder druk.  ( 3 min )
    Vlees wordt steeds duurder en daarom lijken we het steeds minder te eten
    Nederlanders consumeerden in 2022 gemiddeld 75 kilo vlees en vleeswaren per persoon. Hoewel de verschillen met het jaar daarvoor klein zijn, was het verbruik niet eerder zo klein sinds het wordt gemeten. Inflatie lijkt de oorzaak.  ( 3 min )
    Post versturen wordt in 2024 bijna 8 procent duurder
    Een postzegel van PostNL kost vanaf 1 januari 1,09 euro. Dat is een stijging van bijna 8 procent. Volgens het bedrijf is deze verhoging nodig om de stijgende kosten te dekken.  ( 3 min )
    Nederlanders consumeren minder vlees, inflatie lijkt de oorzaak
    Nederlanders consumeerden in 2022 gemiddeld 75 kilo vlees en vleeswaren per persoon. Hoewel de verschillen met het jaar daarvoor klein zijn, was het verbruik niet eerder zo klein sinds het wordt gemeten. Inflatie lijkt de oorzaak.  ( 3 min )
    ING verhoogt spaarrente als laatste van de grote drie banken
    ING verhoogt op 15 oktober de rente voor particuliere spaarders naar 1,5 procent. Het gaat om de variabele spaarrente voor een spaarsaldo tot 10.000 euro. Nu krijgen de meeste klanten van de bank nog 1,25 procent rente.  ( 3 min )
    Begrotingsplannen: Kamer is de baas, maar moet nog wel huiswerk doen
    De Tweede Kamer heeft plannen om de begroting voor volgend jaar flink te verbouwen, zodat de pijn van de gestegen prijzen iets wordt verzacht. De wensen tellen op tot ruim 4 miljard euro. Maar de voorstellen rammelen, waarschuwt het demissionaire kabinet.  ( 6 min )
    ING verhoogt spaarrente naar 1,5 procent
    ING verhoogt op 15 oktober de rente voor particuliere spaarders naar 1,5 procent. Het gaat om de variabele spaarrente voor een spaarsaldo tot 10.000 euro. Nu krijgen de meeste klanten van de bank nog 1,25 procent rente.  ( 3 min )
    Elektrische apparaten als vapers belanden nog te vaak bij huisvuil
    In gemeenten waar de milieustraat beperkte openingstijden heeft, belandt elektrisch afval wel tien keer vaker bij het huisvuil dan elders, ziet Stichting OPEN. Vooral apparaten met verborgen batterijen, zoals lichtgevende schoenen en vapers, belanden nog te vaak in de kliko.  ( 3 min )
    Voedselprijzen stijgen nog voor consumenten terwijl producenten ze zien zakken
    Terwijl voedsel voor consumenten duurder werden in de eerste helft van 2023, zakten de prijzen van etenswaren voor voedselproducenten. In de afgelopen drie jaren is juist te zien dat producenten met grotere prijsstijgingen te maken kregen dan de consument.  ( 4 min )
  • Open

    PNC Acquires $16.6 Billion Of SVB Bridge Bank Loans from FDIC
    PNC Bank on Tuesday took on $16.6 billion in capital commitments, mostly loans, held by Signature Bridge Bank, a bridge bank set up by federal regulators in March after the collapse of its namesake bank.  ( 1 min )
    Krispy Kreme Says It Wants to Sell Its Majority Stake in Insomnia Cookies
    Krispy Kreme said it wants to sell its majority stake in Insomnia Cookies so it can focus on its main business of making and selling doughnuts.  ( 1 min )
    After a Rough First Half, Zions Bancorp Topped S&P 500 Returns in Q3
    After a rough first half of 2023 amid the regional banking crisis, Zions Bancorp (ZION) topped the list of S&P 500 returns in the third quarter, with shares up 30% since the start of July.  ( 1 min )
    Apple Asks Apps in Its China Store To Meet Government Rules
    Tech giant Apple will now request app providers in its China App Store to prove they have a government listing, as Beijing tightens oversight.  ( 1 min )
    WeWork Shares Hit All-Time Low as Firm Misses Payments on $95 Million in Debt
    WeWork shares fell to an all-time low Tuesday after the company said it wouldn't make interest payments due on $95 million in debt.  ( 1 min )
2023-11-02T15:12:41.751Z osmosfeed 1.15.1